Billions in subsidies to big business

[furrowtickler]

True leftist....
"We must share all the wealth until I have more than you than $&@! You and here's to me 🤴" .

[Bowerpower]

Canada. Punish those who work hard. Reward those that do nothing

[furrowtickler]

I say tax family trusts 80% and collect back taxes on offshore holdings . Think JT and Willy will pass that ??? Lol

[Integrity_Farmer]

ECONOMIST John Kenneth Galbraith
“If you feed enough oats to the horse, some will pass through to feed the sparrows (referring to "trickle down" economics).”


― John Kenneth Galbraith

[chuckChuck]

True leftist....
"We must share all the wealth until I have more than you than $&@! You and here's to me 🤴" .

Free market conservatives: Create conditions so the rich can get richer and the poor poorer. Give benefits, tax breaks, and subsidies to your wealthy business supporters. Then blame the poor for their problems and not working hard enough!

[furrowtickler]

That could be lol
Point is they are both wrong , and we need leaders not so far one way out the other ... agreed ?
Point is the liberals are going way way to far right now .

[farmaholic]

By the looks of it those rich socialists like to use the same loop holes and the business climate created by the Conservatives to further their own fortunes as well.

****in hypocrites....I hope they lose the next election on his useless ways and hypocrisy!

[AlbertaFarmer5]

Equalization is a federal program paid for with federal taxes collected from all Canadians. It can be tweaked but the overall policy goal is good for the country. Without it we become a country of extreme differences in the ability of provinces to provide health care, education and other social programs. It would make many Canadians second class citizens in terms of the services they receive. Do you think that is a good idea?

No it doesn't. It results in a country where the free market forces are allowed to work. The mobile workforce moves to where the jobs are at. This lowers the cost of labor in the productive markets due to increased supply, and likewise, by lowering supply in the depressed areas, will increase wages, equalizing the markets in real time, and in response to market forces. This artificial equalization just creates false incentives which only require further equalization to keep the ball rolling.

[Oliver88]

Equalization does two things:

1) Removes any incentive for a province to be a productive province.
Example: Quebec does NOT promote oil pipelines and has blocked the development of their own resources.

2) Creates creative accounting and special formulas to benefit select provinces.
Example: Quebec has hydroelectric power generation removed from equalization formula.

[Bootances]

2 richest Canadians have more money than 11 million combined
http://www.cbc.ca/news/business/oxfam-davos-report-canadians-wealth-1.3937073