Category: Great Moments In Socialism

A Tax, Is A Tax, Is A Tax

Globe and Mail- A look at Halifax’s climate property tax, ahead of a civic election that could determine its future

This is unique among larger Canadian cities – many of which have put little money toward climate change even as they declare it an emergency – and raises about $18-million in dedicated funds each year. But its prominence on the bill is a recurring worry to the city bureaucrat who helps dole out the money.

“Usually when things are called out on the tax bill, they’re at risk,” said Shannon Miedama, Halifax’s director of environment and climate change. “Every year I freak out that it’s going to get debated and pulled, and it hasn’t happened yet.”

Your Home Is Not Your Castle

When a society accepts the premise that those with wealth deserve to have it strip mined, nothing is off limits.

Governments’ extraction of value from our homes has accelerated in recent years as they have became more desperate, both to raise revenue and to find scapegoats to deflect blame for their own starring role Canada’s housing shortage. As the byzantine extractions multiplied, our homes, once considered our main assets, have morphed for many into our main liabilities. Once upon a time, “safe as houses” was a no-brainer investment strategy. Anyone who now sees a house as a safe investment needs his head examined.

It’s Got Nothing To Do With Excessive Regulation and Taxes

Blacklock’s- Creeping Black Market

The underground economy now comprises a third of the Canadian trucking industry, the Commons finance committee was told yesterday.

Wood said a 2022 Department of Employment spot check on scofflaws in Ontario alone “found gross non-compliance with more than 60 percent of employers” in contravention of labour codes.

Audits by the Canada Revenue Agency also identified widespread tax evasion, said Wood.

The System Has No Reverse Gear

National Post- ‘How will I come back from this?’: Detransitioners abandoned by medical and trans communities

The National Post reached out to six detransitioners across the country. All were born female and suffered from gender dysphoria and mental health issues. Many experienced regret and felt they were too young and distressed to be allowed to consent to such life-altering interventions. Four agreed to tell their stories publicly.

Rescue The Republic


Matt Taibbi’s speech in Washington;

I was once taught you should always open an important speech by making reference to a shared experience.

So what do all of us at “Rescue the Republic” have in common? Nothing!

In a pre-Trump universe chimpanzees would be typing their fourth copy of Hamlet before RFK Jr., Robert Malone, Zuby, Tulsi Gabbard, Russell, Bret Weinstein and I would organically get together for any reason, much less an event like this.

True, everyone speaking has been censored. The issues were all different, but everyone disagreed with “authoritative voices” about something.

Saying no is very American. From “Don’t Tread on Me!” to “Nuts” to “You Cannot Be Serious!” defiance is in our DNA.

Now disagreement is seen as threat, and according to John Kerry, must be “hammered out of existence.” The former Presidential candidate just complained at a World Economic Forum meeting that “it’s really hard to govern” and “our First Amendment stands as a major block” to the important work of hammering out unhealthy choices.

In the open he said this! I was telling Tim Pool about this backstage and he asked, “Was black ooze coming out of his mouth?”

Tax Me Harder!

It’s too bad that the Conservatives continue to remain largely silent on the critical issue of repealing Justin’s capital gains tax hikes. The impact is far from trivial.

Based on conventional assumptions that an increase in the tax-inclusive cost of capital by 10 percent causes the capital stock to fall by 7 percent, I estimate that Canada’s capital stock would fall by $127 billion. Employment would permanently decline by 414,000. To put this in terms of its impact on unemployment, the capital gains tax hike would increase unemployment from 1.5 to 1.9 million Canadian workers as of August 2024. GDP will fall by almost $90 billion and real per capita GDP by 3 percent.

 

Closing The Exits

The Israeli finance ministry has been musing recently about limiting cash transactions and possibly criminalizing the holding of gold and silver. As heavily indebted governments like Israel begin to fear a loss of confidence in their ability to service those debts, they will look at measures to prevent citizens from finding a way not to be their creditor. Historically, this would not be the first time that a government barred the financial exit doors in a monetary system.

And The Police Were Completely Irrelevant As Well

David Henderson- An Opening for Private Liquor Stores in Manitoba

The above is a picture I took last night of people lining up at a Manitoba government liquor store in Winnipeg. For about 2 years now, the government has had a system in place to allow people in the stores one by one. The reason is that a few years ago, there were a number of gang attacks on the liquor stores. People, typically youths, would enter all at once and steal liquor. Some employees were injured.

The Part I Like Best

About safe supply is how it saves lives while drying up demand for dangerous street drugs: “Government Heroin” documentary exposes rampant safer supply fraud

In the film, Callum explains how, three years ago, a friend informed him that drug users in the city were receiving “insane” amounts of free safer supply drugs – predominantly hydromorphone, an opioid as potent as heroin. While these drugs are meant to wean addicts off riskier street substances, the friend explained that recipients mostly sell their safer supply at bargain prices so they can procure stronger substances, such as illicit fentanyl.

At first, Callum thought this was a joke. He had been struggling with a moderate addiction to pharmaceutical opioids – mostly oxycodone and Percocet – but, as these pills were expensive and hard to find, his drug use remained stable. The idea that the government was showering individuals with hundreds of powerful opioid pills a month, for free and with essentially no supervision, seemed “almost like a dream for a drug addict.”

But then he connected with some safer supply clients and realized that everything that he had heard was true.

I’m Not Eating Bugs

Sun- Is Bill C-293 Canada’s ‘Vegan Act’?

Under this bill, public health officials could have the authority to close facilities they consider “high risk,” such as meatpacking plants, during pandemics and even “mandate” the consumption of vegetable proteins by Canadians — measures that border on the absurd. It’s hardly surprising that the private member who introduced Bill C-293 is Liberal MP Nathaniel Erskine-Smith, who is known for his vegan lifestyle.

Bailouts In A Flood

In addition to bailing out the Treasury, it’s likely that the Fed lowered interest rates in order to stem the losses on its own bond portfolio as well. Whichever aspect you focus on, none of it is good news.

The “higher for longer” policy only lasted eighteen months.

The U.S. budget deficit reached $1.897 trillion in the first eleven months of the 2024 fiscal year, and annual interest costs on the public debt topped $1 trillion for the first time….Furthermore, in its own projections, the Treasury expected an increase of $16 trillion in government debt between 2024 and 2034. The Congress Budget Office estimates that the implementation of the Harris economic plan will result in a further $2.25 trillion increase in debt.

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