PQ acts on pledge to tax the wealthy
Newsbot @ Fri Sep 28, 2012 10:59 am
Title: PQ acts on pledge to tax the wealthy
Category: Provincial Politics
Posted By: QBall
Date: 2012-09-28 09:21:03
Canadian
martin14 @ Fri Sep 28, 2012 10:59 am
Watch a lot of Quebec companies lose a bundle in Q4.
A lot of other money will leave, good news for Ontario.
BartSimpson @ Fri Sep 28, 2012 11:04 am
A retroactive tax increase? Try that in the USA and there'd be blood. 
DrCaleb @ Fri Sep 28, 2012 11:17 am
BartSimpson BartSimpson:
A retroactive tax increase? Try that in the USA and there'd be blood.
The PQ will just blame the feds for not changing the transfer payment formulas, and Quebecers will buy it.
Unsound @ Fri Sep 28, 2012 11:31 am
BartSimpson BartSimpson:
A retroactive tax increase? Try that in the USA and there'd be blood.
i really really hope there is in Quebec too. That's such a dirty thing to do to people.
CanadianJeff @ Fri Sep 28, 2012 12:14 pm
From the story it sounds like a 3 to 4 percent increase. That's actually not so bad. I was thinking from the tone of the piece it was going to be more of a 10% increase.
But to make it retroactive. I hope she gets skinned alive.
DanSC @ Fri Sep 28, 2012 12:18 pm
BartSimpson BartSimpson:
A retroactive tax increase? Try that in the USA and there'd be blood.
Try that anywhere, actually.
Gunnair @ Fri Sep 28, 2012 12:35 pm
Unsound Unsound:
BartSimpson BartSimpson:
A retroactive tax increase? Try that in the USA and there'd be blood.
i really really hope there is in Quebec too. That's such a dirty thing to do to people.
Really? Baying for violence now or was that tongue in cheek?
OnTheIce @ Fri Sep 28, 2012 12:43 pm
Good way to run business and wealth out of your Province. Well done!
Proculation @ Fri Sep 28, 2012 12:50 pm
CanadianJeff CanadianJeff:
From the story it sounds like a 3 to 4 percent increase. That's actually not so bad. I was thinking from the tone of the piece it was going to be more of a 10% increase.
But to make it retroactive. I hope she gets skinned alive.
But to make it retroactive. I hope she gets skinned alive.
For 130,000$ to 249,999$ it passes from 24% to 28%
For 250,000$+ it passes from 24% to 31%.
I bet the government will make LESS money with the higher taxes.
Let's say someone earning 300,000$ decides to move his business outside Quebec.
Instead of getting 8300$ more in tax income, the gov will lose 128,500$.
They will need 15+ people earning 300,000$ only to compensate for the loss of 1 person.
Add to that the stall in private investments, businesses leaving or closing, etc. They will loose money and cripple economic development in Quebec for years.
OnTheIce @ Fri Sep 28, 2012 1:16 pm
Proculation Proculation:
CanadianJeff CanadianJeff:
From the story it sounds like a 3 to 4 percent increase. That's actually not so bad. I was thinking from the tone of the piece it was going to be more of a 10% increase.
But to make it retroactive. I hope she gets skinned alive.
But to make it retroactive. I hope she gets skinned alive.
For 130,000$ to 249,999$ it passes from 24% to 28%
For 250,000$+ it passes from 24% to 31%.
I bet the government will make LESS money with the higher taxes.
Let's say someone earning 300,000$ decides to move his business outside Quebec.
Instead of getting 8300$ more in tax income, the gov will lose 128,500$.
They will need 15+ people earning 300,000$ only to compensate for the loss of 1 person.
Add to that the stall in private investments, businesses leaving or closing, etc. They will loose money and cripple economic development in Quebec for years.
But people like the Premier and those of her ilk don't get that.
Math doesn't matter.
Unsound @ Fri Sep 28, 2012 1:35 pm
Gunnair Gunnair:
Unsound Unsound:
BartSimpson BartSimpson:
A retroactive tax increase? Try that in the USA and there'd be blood.
i really really hope there is in Quebec too. That's such a dirty thing to do to people.
Really? Baying for violence now or was that tongue in cheek?
More metaphorical. Political blood. Possibly from "knives in the back". The opposition should certainly plan on making this part of their "offensive" in "battleground" ridings where they have targeted weak PQ mna's for "elimination".
2Cdo @ Fri Sep 28, 2012 2:04 pm
OnTheIce OnTheIce:
Proculation Proculation:
CanadianJeff CanadianJeff:
From the story it sounds like a 3 to 4 percent increase. That's actually not so bad. I was thinking from the tone of the piece it was going to be more of a 10% increase.
But to make it retroactive. I hope she gets skinned alive.
But to make it retroactive. I hope she gets skinned alive.
For 130,000$ to 249,999$ it passes from 24% to 28%
For 250,000$+ it passes from 24% to 31%.
I bet the government will make LESS money with the higher taxes.
Let's say someone earning 300,000$ decides to move his business outside Quebec.
Instead of getting 8300$ more in tax income, the gov will lose 128,500$.
They will need 15+ people earning 300,000$ only to compensate for the loss of 1 person.
Add to that the stall in private investments, businesses leaving or closing, etc. They will loose money and cripple economic development in Quebec for years.
But people like the Premier and those of her ilk don't get that.
Math doesn't matter.
Possibly banking on an increase in transfer payments to make up the resulting shortfall.
Unsound @ Fri Sep 28, 2012 2:51 pm
2Cdo 2Cdo:
Possibly banking on an increase in transfer payments to make up the resulting shortfall.
DING DING DING!!! Winner winner chicken dinner!
BartSimpson @ Fri Sep 28, 2012 2:54 pm
Unsound Unsound:
More metaphorical. Political blood.
I wasn't being metaphorical and I was not talking about 'political blood'. This is the kind of thing that starts wars and rightly so.