The Ontario NDP will give us our own "American Jobs Act"
Uploader Comments (darksideofthenation)
All Comments (23)
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Government jobs are a black hole for my tax dollars, since my (taxes) money pays for their salaries, benefits etc. They pay their taxes from what they earn, of course, but remember, that money initially came from me, so I'm paying the taxes of someone else s earnings too.
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To simplify, when you subsidize, that money comes from me, in the form of taxation. The more I'm taxed, the less money I have left over to buy things or use services. If you reduce taxes on me, it means I have more money left over, to buy goods and services, which creates a demand for the same, which in turn means that the providers, of those goods and services, need to hire more workers to keep up with the demand.
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If you want to subsidize everything than "YOU" pay for it out of your own pocket, I've been taxed enough as it is.
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The NDP’s proposals seem particularly idealistic. They plan to freeze tuition fees and eliminate all interest on student debt. Although it sounds like a worthy goal, freezing this vital source of revenue will likely force a cutback in university services and facilities, or, more likely, drive even more government spending on Ontario universities to cover the spread.
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Without looking into it too deeply, as you are a trusted source, the idea of targeted tax cuts is one which holds appeal to me. The notion of not directly tying tax cuts to job creation has constantly been demonstrated to be a charade. I wish you luck with your elections this year. Unfortunately for me things do not show any promise for our elections in Aotearoa, New Zealand this year. =(
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Hi, Glad we are friends now.
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Lol people like you have been saying hyperinflation for MONTHS, or actually, I should say...YEARS.
IT HAS NOT HAPPENED.
PLEASE, STOP SPREADING FEAR.
This is not an attack on Obama but this is the fourth time he has tried basically the same thing. The last three bills failed and created less jobs and more debt.
In America the Federal Reserve our central bank controls the economy..
The Federal Reserve's mandate is "Price Stability" and "Full Employment"...
Please everyone look past our so called leaders who always promise us utopia and start looking into who creates currencies around the world...
lots of info on my channel.
peace!
cfini72 5 months ago
@cfini72
Obama did create jobs. There just werent enough, more stimulus spending is needed.
darksideofthenation 5 months ago
@darksideofthenation You know too much debt will turn into 'Hyperinflation' of our currency!
Then what???
cfini72 5 months ago
@cfini72
When people have jobs, they will spend and the economy will grow, and govt revenue will increase.
darksideofthenation 5 months ago
That's one of the basic drawbacks of so-called democracy. Big business funds parties and politicians for promises of tax cuts. Their priorities get skewed. So much for representative government.
spacecowboy5000 5 months ago
@spacecowboy5000
Wokers only gain a voice when we are represented in all areas of our life, including our workplace, for example, the establishment of unions. There cannot be geniune political representation when labour is completely and utterly at the mercy of the employers and the market.
darksideofthenation 5 months ago