18 Replies to “If It Wasn’t For Government…”

  1. They will tax the tax rebate and then tax the tax on the tax rebate and then tax the tax on the tax on the tax rebate.
    Justin will hire his batshit crazy mother, Mad Maggie Trudeau to oversee the new government program and give her 10% (just like the “Big Guy”) of all proceeds. Of course the office of Tax on Taxes will be in Quebec.

    1. In short, you will get less than promised. Taxing a tax refund is beyond stupid. Just reduce the amount paid. Freaking morons.

  2. At least Trump has finally hit on the common sense solution of ceasing to tax Social Security. Hopefully that is sufficient to enable the firing of a few thousand people at the IRS.

    1. Social Security is an outright ponzi scheme. It’s a transfer of money directly from workers to retirees. The alleged “trust fund” funds only a fraction of the benefits paid out. Ceasing to tax it would make it even more difficult to wind it down before the costs sink the whole economy.

      1. You speak the sad truth.

        I worked with an older fella near retirement age and still with a mortgage. He had gone back to work after retiring with his full steel mill pension in his mid-fifties after realizing he couldn’t get by and was also waiting on the CPP to kick in, it was “what the government owed him”.

        I got him riled up by half jokingly suggesting that when government retirement benefits were introduced, they were based on the recipients leaving only until 72, not 82 which would eventually bankrupt the country, especially given the disproportionate size of the boomer cohort. And that at some point soon, the government will kill two birds with one stone by lethally injecting said boomers once they reach 72 (the other bird being the huge portion of health care spending used on the final 2 years of one’s life). Moreover, this would effectively save social security and health care from collapsing, and reduce the tax burden on the working class.

        Needless to say, he wasn’t impressed with my attempt at dark humor. That was 10 years ago, yet here we are with ever-expanding MAiD and billions of unfunded pension liabilities. But my old colleague expected the government to honor it’s commitment – sadly this is another example of how the social contract has broken.

  3. When the small business owners and employees have had enough they might actually do something. Something might be nothing. as in maybe if we all just stayed home and told our brilliant finance minister ” OK, its your turn to produce something” Lets get to some real socialism. Why should only the government pretend to work and get paid. See how long they last without their slave labor. Ya, not holding my breath,
    If you think you can work within their rules to change anything, Captain Kirk you ain’t.

  4. Lots of squawking right now, but we’ll get used to it. Just like income tax and all the other taxes we have. Canadians love paying taxes. That’s how we vote. We like paying hefty fees to have masters that tell us how to live.

  5. I don’t see this as being too far from taxing your income, taxing a capital gain, taxing you on what you purchase, taxing your house, taxing you for medicare (in some provinces in tier 2 Canada), tax on tax on tax… and special taxes on heating your house, on water delivery to your house, on electrical delivery AND the wires / natural gas pipe which runs to your house.
    Excise tax on “some items”, special taxes on liquor, on gasoline and fuel and various other items the gov’t deems…

    Then on social media such as Facebook, I see ads from the garbage gov’t of tier 2 Canada advising me to “speak to my bank” if I’m having difficulty making ends meet.

    Holy crap the entire gov’t of canada is on acid.

  6. This is nothing new for this government. The CERB “loans” which came out had 25% “forgivable” if said loan was repaid within a specific time period, but the “forgiven” part was instantly taxable income to the business. Those who were able to pay off the loans are okay, but those businesses who could not now have to pay the full shot and are having to amend the prior tax returns to remove the “forgiven” part from their income back then. More work and worry for businesses which – if they couldn’t repay the loans – are already stretched to the max.

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