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To: Michael Bidder who wrote (1332)9/19/1998 11:47:00 PM
From: Tommy  Read Replies (1) | Respond to of 1706
 
Personally,

I think that you shouldn't be able to vote unless you can produce a tax form showing that you paid taxes that year. I think it was Alex Detochville (forgive the spelling) that said, "...the power to tax is the power to destroy." Since there are more net receivers than producers, the politicians will always play to the greatest majority (the people with there hands out). A pox on politicians. I love it when they say that we have to pay for a tax cut. No, they should have to justify there expenditures.

Tommy



To: Michael Bidder who wrote (1332)9/20/1998 3:45:00 AM
From: bill718  Read Replies (1) | Respond to of 1706
 
Canada's debt is ugly alright at something under $600B but I think it should be pointed out here that the USA (as only one example) is in the same boat we are:

Amount outstanding [In millions of dollars]:

1993: 4,436,171
1994: 4,721,293
1995: 5,000,945
1996: 5,259,854
Dec./97: 5,536,012
Mar./98: 5,572,942

Source: fms.treas.gov

****************************************************************
What do you think the total liabilities are for the US gov? ..er...forget it, I don't think I can count that high anyway.

For Canadian info, here is a good site that shows the rate of annual increase of debt to be slowing over the past few years as the government attempts to get control over this well-publicized problem:

statcan.ca



To: Michael Bidder who wrote (1332)9/20/1998 10:55:00 PM
From: Bill Jackson  Read Replies (2) | Respond to of 1706
 
Michael, That stats canada site keeps all the agencies, crown corporations off the balance sheet(hides them)
It is 50-60% more than the USA per capita debt. We have no democracy here. We have not had a 50%+ winner of any election in years. We get 50-60% turnout and the winner gets about 35-40% of that with the lowers getting the balance.
That is why the socialists get in, as they are a 20-25% group but they get 90%+ of their vote out and as a result can amount to the 35-40% that the larger liberal or conservative groups get from time to time. When in they destroy.
We need runoff elections, then we would never have socialists again.

I see you found out the sad truth about debt.,

Bill