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Thread: Fiscal cliff!!!!!!!!!!! Reply to Thread
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  Topic Review (Newest First)
01-01-2013 01:42 AM
conspiracy and yea i consider them traitorous. any politition on any side of the field is a traitor if they allow their own gov't to fall in this hole without actually going all out and trying to stop it!
01-01-2013 01:41 AM
conspiracy its gonna implode sooner or later . there is no way in hell can we pay off our debt. we are at the point where we wont be able to pay our interest. i have people who tell me all the time to tax the rich more and we could do it and im like really? did you know that raising the tax would fund our wonderful (traitorous) gov't for 8 days? ugg. america sucks right now (((
12-31-2012 04:15 PM
JeffreyCH
Quote:
Originally Posted by BurtonAvenger View Post
Is it bad I have no clue what this is and I don't think it'll effect me at all since I'll just do what I always do and find a way to shred.
Well if you make 50-75k a year you are going to pay 2k more in taxes, over 75k and that almost doubles to 3,500.

It figures these assholes can't balance a budget, so what do they do? Give themselves a fucking raise!! That makes perfect sense
12-24-2012 08:58 PM
Donutz
Quote:
Originally Posted by mikeinaus View Post
have you ever been to Canada? everything up here costs on average 50% more (or more), we pay more taxes, and have higher income tax. i find it funny that our dollar on paper is worth about the same as yours, yet in reality its worth practically nothing. before my injury (had to quit work) i had about $400 a week taken off my paychecks, then another 13% added onto everything i buy. so much for our "booming" economy...
Things cost more, but 50%? I live very near the border and we go down to the US all the time. Now that the $ is at or near par, the difference isn't that high. And most of that is simply the 10:1 population ratio. Nothing to do with taxes, everything to do with product movement and inventory costs.

As far as income taxes, our tax slope is certainly steeper than the US, i.e. we hit any particular percentage tax on a lower income. But the actual percentages again are not that different. And BTW, if you had to pay for health insurance at US rates, you'd more than make up the difference until you're up around $140K/yr.

As far as sales taxes, it depends what province/state you're in. California is at, what, 11 or 12 % right now? And at the other end, Alberta is at 5% (GST only).

In the end, a very large part of the problem is population density. We have 1/10 the population of the US, and although some costs are proportional to population, many are not. Just to use a trivial ferinstance, to run power lines from whichever dam is supplying Vancouver with power wouldn't cost twice as much if we had twice the population, it would only cost maybe 10% more. Similar problems with sewer, water, and any other kind of infrastructure. There's a basic cost that you can't get around even if your population is 12.

This is not to say that I like taxes. I'm not some drooling NDPer. But I think you have to understand the problem rather than just rant about it.
12-24-2012 08:22 PM
JeffreyCH Enjoy your 4 million dollar vacation Mr. President you earned it

Enjoy your holidays Mr/Mrs "representative" you earned it

Enjoy your golden parachute retirement Mr/Mrs ex politician, wish I could work for 4 years and retire

Enjoy your cat food xmas dinner Mr/Mrs taxpayer you earned it
12-21-2012 09:39 PM
Argo if only I had cable or watched the news, I would know what you are talking about. I guess I will just have to go snowboard again tomorrow in honor of this cliff.....
12-21-2012 09:07 PM
Efilnikufesin
Quote:
Originally Posted by mikeinaus View Post
have you ever been to Canada? everything up here costs on average 50% more (or more), we pay more taxes, and have higher income tax. i find it funny that our dollar on paper is worth about the same as yours, yet in reality its worth practically nothing. before my injury (had to quit work) i had about $400 a week taken off my paychecks, then another 13% added onto everything i buy. so much for our "booming" economy...
Sounds like living in NY, but without the healthcare.
12-21-2012 08:14 PM
ARSENALFAN
Quote:
Originally Posted by mikeinaus View Post
have you ever been to Canada? everything up here costs on average 50% more (or more), we pay more taxes, and have higher income tax. i find it funny that our dollar on paper is worth about the same as yours, yet in reality its worth practically nothing. before my injury (had to quit work) i had about $400 a week taken off my paychecks, then another 13% added onto everything i buy. so much for our "booming" economy...
You have to ge from Southern Ontario/Golden Horseshoe. Move west young man.
12-21-2012 02:07 PM
oldmate
Quote:
Originally Posted by mikeinaus View Post
have you ever been to Canada? everything up here costs on average 50% more (or more), we pay more taxes, and have higher income tax. i find it funny that our dollar on paper is worth about the same as yours, yet in reality its worth practically nothing. before my injury (had to quit work) i had about $400 a week taken off my paychecks, then another 13% added onto everything i buy. so much for our "booming" economy...

Yup been there several times. But I live in Aus, so i know about paying more! Beyond that, i don't really know what you are talking about. No economy is booming at the moment.

America may well slide into recession.
12-21-2012 01:59 PM
mikeinaus
Quote:
Originally Posted by oldmate View Post
This is a bit different. No one wants this to happen, but it is going to happen. Your disposable income will decrease, and your costs will go up.
have you ever been to Canada? everything up here costs on average 50% more (or more), we pay more taxes, and have higher income tax. i find it funny that our dollar on paper is worth about the same as yours, yet in reality its worth practically nothing. before my injury (had to quit work) i had about $400 a week taken off my paychecks, then another 13% added onto everything i buy. so much for our "booming" economy...
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