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Housing Crisis, Packed Hospitals and Drug Overdoses: What Happened to Canada?
(www.bloomberg.com)
this post was submitted on 30 Mar 2024
33 points (77.0% liked)
Canada
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I'm inclined to suspect the corporate taxes covering 30 percent down to ten, is more related to an increase in government spending and increasing individual's taxes, than cutting corporate, because, believe it or not, they tax the living shit out of businesses, much more and it'll start to cause failures. Often times businesses that would be quite profitable just on the other side of the border, are barely making it despite comparable sales, and taxes go up tomorrow,
Corporations aren’t your friends, they aren’t going to give you any preferential treatment that they aren’t seeing the better side of.
Capital flight is also not a thing, it’s a bogeyman set up by conservatives to avoid raising taxes.
Businesses also won’t leave. Their remarkable treatment in Canada will go down to slightly less remarkable. They moan and groan and set up a whole ad campaign about how this is going to hurt the consumer but that means it’s working. And if you mean “small business” there are so so so many way ways to create exceptions or offer grants to Canadians starting or operating small businesses, where the target is larger oligopolies and conglomerates.
It's absolutely a thing, most corporations are a couple people running a business, and capital flight is absolutely a fucking thing, Just look at the difference between Saskatchewan and Alberta over 50 years because of different tax/government policies with the same base conditions and people. And then look at Montana for a third perspective of the same base conditions. It is so tiring listening to people buy these asinine takes in complete rejection of reality.
Funny that you mention complete rejection of reality... Did you even read the article?
I posted it for the title, not cause I believe everything I read in it.
Well then your a fucking idiot. And I vote you off this country fuck face
Being called this by what appears to be a Liberal supporter is actually a compliment.