Trudeau/Morneau give it to small business owners up the ass!

[Jethro Bodine]

http://www.torontosun.com/2017/08/3...m-more?token=9a7816408c0c5731649f5c89d26a8bb3

http://www.winnipegsun.com/2017/08/30/small-business-owners-betrayed-by-trudeau

I guess this is how we are going to pay for all those refugees and all of Trudeau's other feel good projects when the Budget doesn't "balance itself". :doh:

I don't think anyone disagrees with the richest 5% in this country paying their fair share but this is going to hurt a lot of middle class Canadians who run everything from the family farm to the local barber.
I know it plays well to the uneducated masses and in the press but not all corporations are some large company with a big office tower in Toronto run by a bunch of rich, old, white guys.
The majority of Small Business/Corporation owners are your neighbours who by the way employ 2/3 of the country.

The most ironic thing is that both the PM and his Minster of Finance are Trust Fund Brats who come from wealthy families and reaped the benefits of all kinds of tax sheltering schemes over the years and will likely continue to because the really rich always figure out a way to avoid taxation.

J

 

[Lo-ki]

It will take years to undo what the pretty boy is doing.
But then people are stupid and will re-elect him for a second term.

 

[storm rider]

http://www.torontosun.com/2017/08/3...m-more?token=9a7816408c0c5731649f5c89d26a8bb3

http://www.winnipegsun.com/2017/08/30/small-business-owners-betrayed-by-trudeau

I guess this is how we are going to pay for all those refugees and all of Trudeau's other feel good projects when the Budget doesn't "balance itself". :doh:

I don't think anyone disagrees with the richest 5% in this country paying their fair share but this is going to hurt a lot of middle class Canadians who run everything from the family farm to the local barber.
I know it plays well to the uneducated masses and in the press but not all corporations are some large company with a big office tower in Toronto run by a bunch of rich, old, white guys.
The majority of Small Business/Corporation owners are your neighbours who by the way employ 2/3 of the country.

The most ironic thing is that both the PM and his Minster of Finance are Trust Fund Brats who come from wealthy families and reaped the benefits of all kinds of tax sheltering schemes over the years and will likely continue to because the really rich always figure out a way to avoid taxation.

J

It will take years to undo what the pretty boy is doing.
But then people are stupid and will re-elect him for a second term.[/QUOTE

This is EXACTLY what you get from a Lieberal Tax & Spend MORE Government run by a substitute drama teacher who has never done a hard days work in his life as a dilletante living off of his trust fund.The goal of Trudeau is to ravage the "middle class" he purports to help and basically get rid of it.With only the rich "elites" left as well as the proletariate who are exploited by them......the true doctrine on Socialism.

SR

 

[Cloud Ten]

It will take years to undo what the pretty boy is doing.
But then people are stupid and will re-elect him for a second term.

Who else is there to vote for?

 

[johnsmit]

How many here are small business owners.

I am classed as self employed, and file my taxes on June 15..
Of course I get deductions for food , cell phone and any other expense incured from my job that I pay for.
But the business does not make profit to pay taxes on.
I just get my wages which I pay the full percentage based on amount.

I was selfeployed for most of the last 35 yrs and never made a profit.So I am not sure what small business could even take advantage of the 10.5 % business taxes.

 

[storm rider]

Who else is there to vote for?

Sadly last election Canadians and mostly millenials voted for "style" over "substance" and since then Canadian taxpayers have been treated to a smorgasboard of Liberal pigs at the trough antics.Trudeau's nannies/Gerald Butts moving expenses/Trudeau's trips and vacations and the list goes on and on.At the same time the Trudeau Government has gone 20 Billion into more DEBT when handed the reigns of Government with a SURPLUS.How about that 12 MILLION settlement with a terrorist?....do you like that?How do you like the incoming Federal Carbon Tax which of course is front loaded as a small cost to Canadians in 2018 a year before the next election but if Trudeau gets another mandate it goes from $10 a ton in 2018 to $50 a ton come 2024....basic math means the average Canadian will be paying MORE in Carbon Tax than the actual cost of natural gas piped into your home.....oh but it is to save the "environment" and combat "climate change"......how the fuck does taxing people reduce evil "Green House Gas" emissions?

Long story short Canadians should not have swallowed the bait offered by the media in 2015.The mantra was "anything but Harper" and his "evil agenda".Harper had 2 minority terms and then 1 Majority term and there was no "agenda" he got rid of the wheat board and he got rid of the disgusting waste of money that was the gun registry which was supposed to cost 2 million but instead cost 2 BILLION.There were no crackdowns on gay rights etc and any backbencher who tried to put forth a private members bill with regards to abortion...well that bill got whip voted DOWN.The mantra of the media was that Harper was too controlling....yeah well that is what you do when you have a Majority Government and it also means controlling the upstart ultra right wingers within his own party which he did with regularity.Every single Liberal government ever elected also had "whipped votes" on all bills proposed.

Trudeau is nothing but the typical Liberal pig at the trough who feels entitled and that taxpayers are nothing more than a means to a fat cat lifestyle and at the same time he is bringing his friends along for the ride.Either with cushy jobs or with shady expense claims.

The most absolutely disgusting thing I ever read with regards to politics was the Liberal's David Dingwalls response to a Commons committee about his $100,000 expense claim and his response was "I am entitled to my ENTITLEMENTS"....go back to France after the Aristocracy got jacked and that guy would have been lynched just for saying that as a defense.

SR

 

[storm rider]

Well I seem to recall Harper having massive deficits and increasing the national debt some 150 billion during his tenure. I never see Conservatives take shots at that shit.

As for the kids, well why would the kids vote for their parents party? When I went to University (the first round) I paid about 12 grand over 3.5 years for a degree. Today it would be 60 grand. I bought my first condo in 1992 for a whole 72K. I made 27,000 a year. Today, comparable condo's in the same building are 635 grand. And the old guard often had the same job for 20+ years on end. They got a good salary, benefits, job security and often a pension. Today, the kids today are told to suck it up when they come out of school and can't find suitable work. And now they're jobs are likely at threat from AI.

We fucked over youth. Why would they support the old guard? The only reason Trudeau is legalizing weed is because it's a roadblock to the coming revolution. Keep the kids stoned and happy and they won't burn the motherfucker down. No one goes on a rampage while smoking a spliff and listening to Bob Marley.

Harper went into deficit spending to appease the Libs/NDP....so as to bolster "infrastructure spending"....the Lieberals are now doing it as well but how much of that money gets hoovered up to Lieberal cronies just like the "Sponsorship Scandal" under Chretien's watch.

I bought MY first home which was a townhouse in 1998 and it was thank to the inheritance I got got from my grand mother....yeah I got a leg up and it got chopped out from under me when I got divorced a couple of years later.I hit the re-set button and got back on the job of getting my house again.

The "youth" of today want everything handed to them and they are entitled...from everything you can think of from their parents "protecting them" from the harshness of reality.....combine that with all of the Social Engineering that is indoctrinated via the education system and you have an entire generation that are coddled and entitled snot nosed idiots that have not worked for anything and at the same time raised with the ideal of "participation trophies" for achieving nothing....and give them legal weed and they happily become subjucated by an Idolized idiot whose end goal is to TAX and SPEND MORE.....do you like the 50,000 Economic Migrants that Trudueau imported into Canada?They were not "Refugees"...they were "Economic Migrants" who skipped the line with regards to "immigration" and the vast bulk of them are now parasites on the social safety net....a social safety net that is denied in some cases to Canadians BORN in this country.....but since it is tax payer money it is no big deal to dole it out to people that illegally migrate and jump the line.

The bullshit propaganda issue in the last election was sparked by the image of a dead kid on a beach....that kid died because his father took a route of illegal entry to get into a country via being smuggled.That happened in Europe and it had fuck all to do with the HUSTINGS in Canada and towards the issues Canadians deal with......yeah it had nothing to do with it but the CBC got wind of it and fed it to the Lieberals and suddenly it got be a race for how many Syrians Canada would take in as "refugees".

I will/would gladly have good governance by someone like Harper rather than a selfie obsessed idiot whose every 3rd word when pressed in a scrum is "UM" and who cant answer anything that is not scripted for him.....dont even get me started on the BS "Climate Change" crapulence Trudeau is pushing....he did not have the BALLS to run on it....instead he is ramming it down Canadians throats just like his dad did with the NEP.

 

[johnsmit]

So thought the tread was about the change in the business taxes. All I here is recycled liberal bashing verses Harper bashing ?????!!!!#$^&$

 

[storm rider]

So thought the tread was enough the change in the business taxes. All I here is recycled liberal bashing verses Harper bashing ?????!!!!#$^&$

Ok how about this for FACTS https://www.therebel.media/gated_comm...

Nothing but total Lieberal hypocracy.

SR

 

[604jbear]

It's clear that it's cash grab to help with the larger than expected deficit, under the guise of "tax fairness". What really burns me, is that he claims he's open to suggestions during the consultation period, but so far just keep saying nothing's changed. Why bother having a consultation period if you already had your mind set?

If the government was so passionate about "tax fairness", how about reigning in their free-spending ways, so that everybody else can get a tax cut instead?

 

[sybian]

How many here are small business owners.

I am classed as self employed, and file my taxes on June 15..
Of course I get deductions for food , cell phone and any other expense incured from my job that I pay for.
But the business does not make profit to pay taxes on.
I just get my wages which I pay the full percentage based on amount.

I was selfeployed for most of the last 35 yrs and never made a profit.So I am not sure what small business could even take advantage of the 10.5 % business taxes.

The benefits of self employment is getting to be less and less.....and when you finally turn a profit for awhile and catch up on all the shit you've let slide, and sacrificed for years and sell the business........the government shafts you with capital gains taxes.
We have no benefits, no unemployment insurance, no dental or medical, no Employer RRSP contributions,and now they are asking for more ,to run a country that isn't very user friendly for the self employed .
If the Government of Canada would run its finances like a Farmer or Another self employed individual.....they may actually see the dim and fading light of reality.

 

[johnsmit]

They do run the government like a farmer
Never make a profit , and spend more then they can possible make from selling the crop. Off course the government has no product to sell it just spend. Spend
And then go back to bank (taxes) to borrow more for next year

 

[badbadboy]

I think JT has launched a trial balloon.

Everyone is voicing their outrage about going after the middle income families across Canada.

I'm betting that in the hand behind his back is a bill raising the Corporate Taxes that are amongst the lowest in G20. More and more US Corps are moving their head offices to Canada based upon the uncertainty with their current administration. Makes sense to me to squeeze the Corporate entities while they can.

All across Canada the TV and radio stations, large and small newspapers and blogs are burning up with the response to the proposed raising of small biz.

Think what you like about the Liberals but I don't think Brain Dead is one of their attributes.

 

[storm rider]

I think JT has launched a trial balloon.

Everyone is voicing their outrage about going after the middle income families across Canada.

I'm betting that in the hand behind his back is a bill raising the Corporate Taxes that are amongst the lowest in G20. More and more US Corps are moving their head offices to Canada based upon the uncertainty with their current administration. Makes sense to me to squeeze the Corporate entities while they can.

All across Canada the TV and radio stations, large and small newspapers and blogs are burning up with the response to the proposed raising of small biz.

Think what you like about the Liberals but I don't think Brain Dead is one of their attributes.

You dont think "Brain Dead" is an attribute of the Lieberals?.....just listen to when the Shiney Pony has to answer a question(sorry I meant "dodge" rather than "answer") and every 5th word is "um".....the fucking fool cant even utter a coherent sentence unless it is scripted for him.

Most likely yes the Lieberals WILL raise Corporate taxes....same as they will raise taxes on the "middle class".....they have to raise taxes and impose new taxes (carbon tax) to pay for all of the fucking Socialist spending binge they have gone on in less than 2 years since elected.One of the first things the Lieberals enacted was to repeal the increase to the TFSA to $10,000 a year that the Conservatives raised it to.....why was that?well the Lieberals say it only was a benefit to the "rich" which is an outright LIE....ALL Canadians got that benefit though maybe a cross section of society could not take advantage of it.Last thing the Lieberals would want though is the average Canadian socking away $10,000 a year into a TFSA year over year over year that if well invested and compounded could make for a VERY nice retirement nest egg that is tax free when tapped into.....fuck no the Lieberals want Canadians investing in RRSP's so when people snuff it short with say $300,000 in and RRSP they can take HALF right off the top when the estate is liquidated(and yes this happens) truth be told the Lieberals want Canadians to be lulled into a "nanny state" which is USSR Socialism Light.We know what is best for you so shut up and accept it.

It is perfectly OK for Trudeau to live off his tax sheltered Trust Fund all his life but oh no Canadians cant be allowed to sock away 10 grand a year and let it compound over say 20-30 years....that would make them independant and have a dignified retirement....no that 10 grand a year only benefits the "rich"......yeah well the 1% of Canadians that are the truly rich sure as fuck are not worried about socking away 10 grand a year....their money is better protected than the gold in Fort Knox.

SR

 

[sybian]

I take advantage of the small business tax rate. I create employment for others. The difference between me and the so called middle class that the Libs are supposedly helping with this tax reform is, that I am self employed, have no pension, have no sick days, pay for my own health care benefits and no vacation pay or pay on statutory holidays. I pay that for my employees. But I guess I should pay more tax for those who take the lazy way out instead of creating employment.

There should be a "Like" button here for that post.....

 

[604jbear]

Yes, it's amazing how many of my friends/family think that as a small business owner all I do is count money all day...they have no idea the amount of sacrifice/work that is involved with running a small business.

Also, what are these "sick days" and "vacation" you speak of? I haven't taken one of those in ages...

 

[Jethro Bodine]

Yes, it's amazing how many of my friends/family think that as a small business owner all I do is count money all day...they have no idea the amount of sacrifice/work that is involved with running a small business.

One of the big misconceptions of those who basically woke up every morning and went to a job created for them by someone else.
I get the same thing from a couple of my Brother-In-Laws. Meanwhile I'm still working and they are both retired (MB. Hydro/Crown Corporation employees) on their fat, indexed pensions.

Cheers
J

 

[604jbear]

One of the big misconceptions of those who basically woke up every morning and went to a job created for them by someone else.
I get the same thing from a couple of my Brother-In-Laws. Meanwhile I'm still working and they are both retired (MB. Hydro/Crown Corporation employees) on their fat, indexed pensions.

Cheers
J

Ah yes, I have a family member who is also a government employee, who constantly laments that he makes less salary than me since I own a small business. However, when I point out to him that I would need a $2 million portfolio to match his pension plan that I'd have to save for myself, he looks at me like I'm crazy.

 

[BobbyMcgee]

Everyone, right out of high school, is given an opportunity to choose their own profession.
Make the most of the one you chose and try not to complain about the one you did not.

 

[sybian]

Ah yes, I have a family member who is also a government employee, who constantly laments that he makes less salary than me since I own a small business. However, when I point out to him that I would need a $2 million portfolio to match his pension plan that I'd have to save for myself, he looks at me like I'm crazy.

Don't even get me started on those guys!....I had one dude that is a Union worker ask me why the side of my 2 Klms driveway isn't mowed nice and tidy.......When I told him that all grass is money to me , he responded that my cattle were worthless anyhow, and I should mow on the unused side of my fences.
I suppose he figured that my half million in livestock shouldn't be let loose on my driveway so his brand new gas Ford 3500 didn't get his Amourall polished tires covered in cowshit....oh and he just retired at 43 years old, keeping all benefits.