Tag Archives: taxation

Economics, Media and Mass Manipulation

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I don’t recall where I got the link for this site, but the context of this article on Economics, Media and Mass Manipulation is riveting, despite the length.  It’s well worth the read, packed with data and the author accomplishes what they set out to do:  prove that change is coming, whether we like it or not.

The three pillars sustaining the American empire edifice of never ending war, ever accumulating debt and excessive consumerism are crumbling. The growing corruption and weight of un-payable debt have weakened the very foundation of our grand experiment. The existing structure will surely collapse. My entire adult life has tracked the decline of the American empire. I had become comfortably numb. I came to my senses and began to question all the Federal government/Wall Street/Corporate Media sponsored truths about eight years ago. Many others have also awoken and begun to challenge the false storylines dictated by those in power.

Yeah, right.  I can hear you now:  whispering about the pot-induced lyrics of Pink Floyd in context of ‘Comfortably Numb’, the chosen title of this piece, but it was this chart the reminded me that income opportunities, taxation and share of income is definitely not skewed in our favour:

superrich-graphs-motherjones

Every day we work, we lose money to inflation and taxation.  The cards are clearly stacked against us, but apparently things will be OK so long as we continue to inflate our debt, swap real assets for credit assets and keep track of what’s happening with ‘Dance with the Stars’.

What can I say?  Things are going to change.  If they don’t, things are going to change.

Jim Flaherty to Hike Taxes? Probably

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Jim Flaherty and the rest of the Cons refuse to heed the actual outcome of disastrous financial ‘trickle down’ experiments like Ireland and the US (more states in the US are teetering on the edge of bankruptcy because of reckless federal fiscal management and downloading), so it’s unlikely that we’ll get corporations paying their fair share any time soon, but Diamond Jim did give us cause for pause in this interview:

“Our plan actually is to continue to reduce taxes over time in Canada. We’ve reduced business taxes significantly, and our plan continues in that regard. We’ve reduced the federal consumption tax, the GST, as we promised we would … We’ve done some tax reductions on personal income taxes. Quite frankly, we’d like to do more over time, so that’s the direction we want to go. What we’re seeing in the economy is moderate growth. It’s not dramatic, but it is steady. And we expect that to continue over the medium term. You know, given what we’ve all been through around the world in the last few years, I would never presume to say ‘never’ in terms of a very substantial economic shock where we’d have to have one. And there are risks in the world, with respect to Europe, with respect to relative weakness in the U.S. economy, with respect to some global imbalances that I’m sure we’ll be talking about at the world economic forum (in Davos, Switzerland) the next few days. That’s not the expectation. The expectation is that we’ll have continued moderate economic growth and continued tax reductions over time.”

So there you have it folks … the exact quote that the Cons have ripped out of the Liberal lines about tax situations in order to slam them continuously about their ‘tax and spend habits’ and that the Liberals will be mega-government bureaucrats.

Which – correct me if I’m wrong – makes the Cons what?  Oh yeah … BIG F-IN HYPOCRITES telling Canadians lies at every turn!  Isn’t it Jim who’s created the biggest deficit in Canadian history?