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Strategies & Market Trends : Ride the Tiger with CD

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To: ralfph who wrote (310721)	8/4/2025 9:12:52 AM
From: WalterWhite	Read Replies (1) of 312694

Meanwhile in Canada our "temporary" income tax rate of 2% to fund WW1 is now 53.5% (top end, comes quickly) in Ontariowe. Total tax bill unknown. Some try to calculate but government wastrels need a lack of transparency... keep em dumb and on the farm? Tariffs are idiotic. So are any taxes that distort markets and punish saving and investment. Canada has a chance to eliminate income and corporate taxes, and install only a consumption tax. On everything from milk to lambos (exceptions by the wastrels will lead us back to where we are today, and huge overheads again in government). Benefits - transparency for taxpayers - more accountability by government encourages saving and investment no annual filing - time savings, simplied life, hours returned to every taxpayer/filer Foreign headoffices will come to Canada Investment will come to Canada Standard of living will increase dramatically- we should afterall have the highest GDP per capita in the world Fair - left won't like it but it is fair. Smaller government, lower taxation. Why it won't happen- Tax and accounting professionals would rally to fight it - though they privately all agree. Left wants bigger government and take more... Politicians do not want accountability / transparency. J6P is more concerned about gas prices and rolling up the rim. It can never happen in the USA. 50 states in a union and all would need to agree. Canada has a stronger, centalized system where "national" change can happen easily. We already have a consumption tax, we implemented SI over imperial measurement, we are small and need tax reform.... But there is no vision or strategy in government.

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