"Tax the Richest 2%"

Rich people can afford to move to Texas. Or Costa Rica. Why don't people understand this?

I bailed after 10 seconds, and already have two questions:

What is an "educational advisor"?

And care-giver: if you're part of wheelchair guy's "family," then you should be working for free, no?

"And care-giver: if you're part of wheelchair guy's "family," then you should be working for free, no?"

hahaha. Good one, but it'd be lost on the public sector remoras.

For those working for the government in quasi-useful jobs, nobody begrudges them making a living. They're begrudged making a living doing a job that pays better, has better benefits and perqs than something similar in the private sector, is all.

I don't know why they don't interview some of these caring, earnest and giving people face-down at the trough, where they live.

The problem with "taxing the richest 2%" is, with that type of mentality, spending always outstrips tax revenue, and pretty soon you have to target the "richest 5%", then the "richest 10%", and onwards you go. In the US, they've noted the historical precedent where more than 50% of the population are receiving benefits, as opposed to the minority who are taxed to pay for it.

"Tax the richest 49%"...

mhb23re

I don't know about jobs in economics, but we have a freer country ;-)

Alberta has great hiking, BC has lots of socialists (that's why it's the left coast) and Quebec is just special, with a french accent...

Come up and visit ;-)

"I don't know about jobs in economics, but we have a freer country"

No, no we don't.

Remember a few years back when one of this type of political genius decided that if you made more than 60,000 bucks,you were rich?

So, higher taxes for everyone who makes over 60 grand,that should cover most of the State employees.

They have already taxed the 2%. When the value of the US dollar falls they lose more. So does everyone else but it will take a while for them to figure it out.

mikeg81: Relative freedom is difficult to quantify. We may have more taxes, but we don't have Obama, a Housing Crash, Kelo, Sarbanes-Oxley, Christian fundamentalists, Muslim extremists, ad nauseum.

http://www.thevolunteer.ca/2011/03/canada-is-free-the-u-s-is-mostly-free/

I've always dreamed to moving to New Hampshire and "Land of the Free". Now, not so much. They have killed the golden goose, and it's just a matter of time until it collapses or becomes irrelevant (like Canada).

We can compare freedoms over a beer ;-)

Remember a few years back when one of this type of political genius decided that if you made more than 60,000 bucks,you were rich?

That was Alexa Ann McDonough, leader of the NDP(prior to Jack "Velvet Touch" Layton) and daughter of Lloyd Shaw, a wealthy socialist businessman in Nova Scotia.

Not sure who is more free, but the trends are in Canada's favor right now.

I'm not sure if Canada or America is more free, but as a business owner myself I can tell you that from what I've read on the net it's easier to start a new business and sustain it in Canada than it is in the U.S.

Some of the worst tax problems in the U.S. are the inheritance tax and the capital gains tax which make Canada look better as a tax environment than the U.S. from a business point of view.
(as viewed from Alberta)
JMO

If you tax the richest two percent, many in that group will move to a new jurisdiction so next year the richest two percent will be a poorer group, and then some of the new two percent will move, and so on. The entire GDP of the state will be adversely affected. Don't the tax-and-spend crowd realise that every policy choice has lasting consequences?

Just a thought but will we see the brain-drain of the '90s reverse itself as the US economy tanks? I remember when the NHL players with Canadian teams demanded payment in US funds. Any chance the reverse will become true?

Captain: yeah, we're hiring.  'Specially here in Alberta.   ;-)

mhb said "The problem with "taxing the richest 2%" is, with that type of mentality, spending always outstrips tax revenue, and pretty soon you have to target the "richest 5%", then the "richest 10%", and onwards you go. In the US, they've noted the historical precedent where more than 50% of the population are receiving benefits, as opposed to the minority who are taxed to pay for it".

"Tax the richest 49%"..

Exactly, this is the favourite Marxist method of getting rid of classes they want to exterminate. They tax the class to death by degrees and ultimately if there is too much resistance they use other methods to liquidate them. Consider Lenin and Stalin's war on the kulaks.

Envey is an ugly thing. Doubly when the ones complaining live like Kings off the sweat of others, yet think their better. Th entitled poor, & rich. We can't afford them anymore.
JMO

"Not sure who is more free, but the trends are in Canada's favor right now."

Tell that to the guy raided by the OPP by mistake in my hometown, or the folks down in Caledonia, or gun owners whose property was confiscated by the Gov't, or the fact that our Charter of Rights gives rights to the Gov't and not the people, or the people affected by the CRHC, etc., etc.

See where I am going? We have our own problems, comparing ourselves to the US is more Canadian-inferiority-complex navel gazing.

Seems the rich in the USA are doing a John Galt at an increasing rate! From the TaxProf Blog: Number of U.S. Expatriates Doubled in 2010 (Mar. 10, 2011): Andrew Mitchel reports that the number of individuals renouncing their U.S. citizenship (or terminating their long-term U.S. permanent residency) and expatriating from the U.S. continued to soar in the first quarter of 2011

Albertans are always looking to make a buck. Its why we usually have a regular job than our own small buisness. Like landscaping or furnace cleaning. If in trades working on the side. We like people with money, since we want it to.
We can't get rid of red eddy & his boys since they first showed thier orange streak , giving themselves a 40% raise. Socialists, but under siege.
Boy where we suckered they where Conservative.

I remember when the NHL players with Canadian teams demanded payment in US funds. Any chance the reverse will become true?
Posted by: Al_in_Ottawa at June 14, 2011 1:58 PM

Funny, I was wondering this same thing myself a couple weeks ago. With the dollars at (basically) parity right now it wouldn't make much difference one way or the other. But, should the Canadian dollar jump way ahead of the greenback, you'd better believe those pro athletes will start negotiating in terms of the Canuck Buck.

Boy where we suckered they where Conservative.
~Revnant Dream

So you voted PC, huh?
My wife and I voted Wild Rose.
We got a PC, though, but he jumped to the WRP last year.

Oz

Yup buffaloed from stem to stern.
It will be WRP next time.
As far as I'm concerned the Conservatives are infiltrated to the max, by socialists pretending to be Conservatives.

As far as I'm concerned the Conservatives are infiltrated to the max, by socialists pretending to be Conservatives.
~Revnant Dream

Yes.
What I think is that the Progressive Conservatives were always Progressives who used to have a few conservative MLAs.

Now the party is mostly just Progressives.
(Progressive Conservative was always an oxymoron anyhow, unless it meant that the conservation was of the slow incremental progress to the Left without startling conservative voters)

In all fairness, the richest 2% are probably drug dealers so it's about time they paid taxes.

When you tax wealth, you deplete wealth and your subsequent tax revenue base drops. Then you have to tax more of the wealth left over, and over and over again until you reach socialist utopia, with no rich, no middle class, just peasants and parasitic elites.

Increasing transactions of decline (taking from the productive to give to the unproductive) eventually leads to poverty for all. IOW, when something fails miserably (socialism) trying more of it (or doing it "right") simply leads to more, and deeper, failure.

Winston Churchill said "in capitalism riches are shared unequally, in socialism misery is shared equally.

No society has even spent, or taxed, itself rich; just the opposite.

tax the richest 2%... of public union employees.

We don't have muslim extremists??? Have you forgotten the Toronto 18? The Ontario government almost approving sharia law? The muslim demonstrators in Calgary shouting "Death to Israel"? How about human rights tribunals, are they examples of our freedom?

Yes we're freer than most countries in the world, but we aren't any more pure than the US.

Stop this Rediculus ad.

Why do Rich People Have to Pay All The Taxes?