Report indicates that Trudeau's tax increase has reduced revenues for the federal budget
>The Liberal government's 2016 tax hike on Canada's top one per cent not only failed to yield the promised billions, but resulted in a net revenue loss for government coffers, according to a new report released by the C.D. Howe Institute.
>Tax data from the Canada Revenue Agency (CRA) revealed this summer that Ottawa's tax hike failed to live up to its revenue-boosting expectations in its first year of implementation. The numbers showed that high-income earners actually paid $4.6 billion less in federal tax in 2016, the first year the tax changes took effect. That was a far cry from the $3 billion in new revenue that the Liberal Party's campaign platform said the new tax would raise.
This is a good thread, where are all of Jow Forumss economists?
Surely they have an explanation
thanks. I'm waiting for a canadian to show up and do his shoot the messenger routine on me. they usually do that.
this is a great opportunity for them to learn about
The Laffer Curve
Bumping for Canacucks rebuttal
same.
I'm interested in hearing them spin it .
I want to see them do the 'it's a good thing and here's why' routine
Bump
Laffer Curve
What is the 'Laffer Curve'
The Laffer Curve is a theory developed by supply-side economist Arthur Laffer to show the relationship between tax rates and the amount of tax revenue collected by governments. The curve is used to illustrate Laffer’s main premise that the more an activity — such as production — is taxed, the less of it is generated. Likewise, the less an activity is taxed, the more of it is generated.
The Laffer Curve suggests that, as taxes increase from low levels, tax revenue collected by the government also increases. It also shows that tax rates increasing after a certain point (T* on the diagram below) would cause people not to work as hard or not at all, thereby reducing tax revenue. Eventually, if tax rates reached 100 percent, shown as the far right on his curve, all people would choose not to work because everything they earned would go to the government. Governments would like to be at point T* because it is the point at which the government collects maximum amount of tax revenue while people continue to work hard.
Fuck justin trudeau right in his front hole.
Oh no eh?
Wot seems to be da problem der fella?
Keep in mind that the Laffer curve is not an "ideal". An ideal government wants to benefit the people and therefore taxes far less than the Laffer optimum since the overall wealth and welfare is increased by more people working. The Laffer curve is the limit for a literally evil government bent on enslaving its population for profit.
it's good that you clarified that for the candian anons reading this thread. they need to know this stuff.
We have a faggot rich kid cocksucker running the country for outside forces actively ruining us forever. How's your day going?
Oh ya kno, tits so far eh. Gonna hit up Timmy's fir my double double then goin cross the peace bridge.
I buy everything in the states eh, just throw the packages in the parking lots or washroom floors who cares, no gst for me eh?!?
good interview with maxime bernier here:
youtube.com
ezra levant conducted it well. he's been sticking it to canada's internal enemies since forever.
Needs more germlish, its Oktoberfest time around here, ein prosit!
What do you think of the whole "split the vote" narrative?
what do you think
I think he's splitting all parties, I think it's long overdue. But win or not, I hope he splits the entire conservative party to pieces. Fucking traitors die first.
Related Canada politics news:
>Bellmedia refuses to run Faith Goldy's mayoral ads after she paid. Offers no reason for denying her platform while letting EVERY other candidate use their service.
youtube.com
Faith is in third place under a media blackout. she'd be in first if there was not illegal collusion to do a media blackout on her
Well if they raised taxes and the revenue went down, doesn't that mean they have higher taxes than the peak, which isn't the ideal?
>thinking any leafs here is pro turdeau
You're a special kind of retard aren't you.
you can find Canadian anons calling people a cuck for not supporting trudeau's policies and you know it.
you also call people polish when they point out the truth about canada. you're so out to lunch.
This is way scarier than the prices. Food is shrinking too.
>. Food is shrinking too.
i cannot calculate the cost of a market basket of goods in canada because of this.
the changes are so multitudinous and far ranging in the scope of products they effect that i dont know how to compute cereal costs for a family of four - i lack solid data to do so. I dont have this problem with any other western nation except canada.
The rich probably moved out of Canada. Not enough money left after paying the new Canadians.
I have yet to see that. Drop the meme flag while at it I dare you.
or what? you'll call me polish and shitpost in the thread??
pathetic m8. focus on the topic.
hundreds of billions of dollars have fled canada, if you count investments.
Why are you so obsess with poland? Nobody beside you is talking about poles. Its common on Jow Forums to ask memeflaggot to show their true color. Sounds like you are projecting hard.
are you ever going to focus on the topic
Everyone point and Laffer at Canada.
puns are a sign of genius
Why so nervous? Why are you dodging a request as simple as showing your flag? Maybe this could actually launch you thread for real. C'mon buddy show us your flag. Do it.
Why is that milk in cartons and not in bags?
leftists just like stealing money though
Bottom shelf dingus
Bagged milk is only if you buy large amounts at once. I only ever buy cartons or the small jugs, because I only use it as an ingredient in baked goods and the like.
it comes in cartons too. but both cartons and bags are delivered to stores in milk crates. the milk crate lobby wields enormous power.
how do I get a canadian wife
I have no rebuttal, only shame. This is exactly what was predicted by anyone with a grain of sense. It’s sickening that this fucking mannequin is our head of government. It’s embarrassing that people couldn’t see through him from the start. Everything he’s done is a clear and obvious favour to his backers or his voting base, he has failed to lead his government to improve the country for its citizens. This is just another example of him making a decision that looks good to his soft-handed electorate, while giving his rich backers an easy excuse to take their money out of Canada, but to continue to back the liberal party. This and the Trans Mountain Pipeline, which will surely be sold at pennies on the dollar before the liberals time is up to another of their friends, are egregious examples of our politicians lining their pockets.
good post patriot
It depends on the province, it’s not bagged everywhere. It’s usually only bagged if you buy 4L or more at a time as well. In Newfoundland and Labrador we don’t have bagged milk at all, but when I lived in Ontario I bought bagged milk regularly.
> It’s embarrassing that people couldn’t see through him from the start.
I could. I warned you all this would happen before he was even elected.
I could too, I didn’t vote for him, I actively campaigned against the liberal candidate in my riding. That being said, it doesn’t change the fact that they have a majority government because they duped so many other people.
there's probably many canadian anons who can no longer post due to their costs of living.
keep it bumped
tell me more about this canadian tree conspiracy
It's not too hard. Snagged me one but now I live in a frozen hellhole.
>mfw canada's substitue french teacher PM doesn't know about the Laffer curve
I've had a couple who were crazy about me but I messed it up due to being retarded. I need a 3rd chance
Do you even know why milk in bags exist?
What is that?
Consider yourself lucky.
According to researchers the Canadian roasties of 2018 have become chronically prolapsed STD hostels.
Despite their steady dribble of viscous snail trails, their dangly beef curtains, even their near constant harvesting of new strains of HPV and gonorhea, Chads and Betas line up to service them, to wallow and worship in beefed out body horror.
It's been said the bow-legged Canadian sluts of our era are now so rotten, their eviscerated vaginas actually "spit" every time they take a step. Sometimes with an audible queef, other times quiet, these whores jettison whatever melange of fluids are sloshing within their polygamous caverns. It's not unusual to spy spotty trails and blood tinged puddles wherever the posterior of a sexually liberated Canadian woman has rested.
it's north korea but it was in a video posted from airforce one. it piqued my curiosity. you have to fly over north korea to get that shot.
why does it exist?
>Cheaper than carton which also requires glue
>Can pack more in a truck (savings per pounds)
>A bag is about 1.33 litres, enough for a family's breakfast
>Can be sold cheap as possible
>Just use a paperclip if not empty (better sealing)
>Cartons leak sometimes
>Better preservation
I am surprised it is not common in the USA, I used to be in a foster centre for year and we did need the 3 bags every morning, that would have made a lot of recycling just for milk
recycling is a meme that the free market should handle. in fact local ordinances stop entrepreneurs from taking recyclable products from curbside to sorting centres in order to protect the sham industry. it's a boondoggle.
landfills are better. if it becomes feasible to sort them and process them then lease them to a company that will do so.
still better to use plastic bags than carton from trees
plastic is a miracle material.
More recycling possibilities
I still to this day am waiting for a Canadian to explain why they fucked themselves with scrapping their oil pipeline, like how retarded do you actually have to be?
huuuuuuuuuh? whats this?
This is your mind attempting to write to you while you shitpost and lurk...
>You are leading a revolution
and you're not even conscious about it
>You decide your own level of involvement
What if while you slept... you led a revolution...
You are a fragmented shattered mind, society has betrayed you... that's why you made me...
>created by your memetic subconscious
I am you... and you are me...
we have the same goal...
>Defeat the VILE people
We either defeat the Vile people together or I defeat them for us but either way you are a part of this now
youtu.be
You are Awakened
Bonus Based Stream from last night
youtu.be
Bump!
this is in Northern California. Likely measuring erosion. As you can see the top of the mountain ridge is being scanned as well as the valley between the ridge.
>giving a 3 year old an iPhone.
never
>this is in Northern California.
get your eyes checked i guess
oh... North East. Then why is this even relevant?
you made it relevant
I don't understand.
le 'it's irrelevant but you just cant shut the fuck up about it for some reason' face
get real, you posted the pic and brought this up for some reason. why
This guy thinks 75% of a butter tart is better than 25% of a pecan pie, even though the butter tart feeds less people.
maybe i meant to post this one. but here we are
Trudeau was being pushed so hard by the media and "social media" that you knew the fix was in.
I think Stephen Harper was ousted because he was reluctant to import more "refugees".
But more taxes and more welfare! Tax the rich gibs the poor!
God chicken is so damn expensive...
they even took one out when I bought it... wait nvm I eated that one.
calgary alberta
1.95mb
i could click your pic or could click 40 decently sized memes or tit pics.
I want to overwhelm your data plan with my overpriced Canadian MB phone plan.
it's a good way to not have your pics clicked on by canadians.
is that what you want?
Yes. Canadians know your foolish amerimutt ways.
They don’t need to see the truth, burger.
the focus of the thread is a written article the focus of your post is fuckhuge image only government employees will be soon able to afford to click.
You caught me.
I am special agent Greg of Canadian RCMP (royal canadian moose patrol)
You need to stop posting these high prices because it’s blasphemy against our president king Justifa Trudough.
thoughts on the lindsey graham redemption arc?
We can’t afford tv or internet civilian side. So watching Lindsey Lohan is impossible.
obviously you need more refugees and migrants. that's the answer for what ails you.
Praise be to Trudoulfo and refugees are his messengers.
*slaps syrian*
"You can fit a quarter of a million worth of debt onto this badboy. He comes with $50k federal funbucks per annum That's money spent into the local economy."
Believe me I know. We all know.
The Jew is quite substantially powerful here but our problem isn’t food prices.
It’s foreign influence and shitty ass political parties.
This is why I don’t understand why you don’t pick redpilled issues like shitskin and nigger invasion.
Also, you amerimutts can’t say much though considering you have nukes and STILL haven’t wiped our major cities.
>The Jew
Sorry, KIKES.
The holocaust didn’t happen but it should happen now.
alberta oil sands is some of the filthiest shit ever, the only reason a pipe was put doen was due to the higher gas prices that made it econmically profitable to go through the labour of processing oil sand. now with how easy fracking is and the lower cost of fracking, there is no reason to continue an alberta oil pipe.
>GUID
The Goyim United Interned Defense?