Oh Canada
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Here's a tax lesson for the NDP and Liberals.
They both think that they can save the world with big tax hikes on the wealthy.
Harper and the Conservatives understand the foolishness if this, but as the other 2 parties don't get it, here's a lesson on taxes they might understand:
THE TAX SYSTEM IN BEERS:
Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this…
The first four men (the poorest) would pay nothing. The fifth would pay $1. The sixth would pay $3. The seventh would pay $7. The eighth would pay $12. The ninth would pay $18. The tenth man (the richest) would pay $59.
So, that’s what they decided to do.
The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve ball. “Since you are all such good customers,” he said, “I’m going to reduce the cost of your daily beer by $20”. Drinks for the ten men would now cost just $80.
The group still wanted to pay their bill the way we pay our taxes. So the first four men were unaffected. They would still drink for free. But what about the other six men ? How could they divide the $20 windfall so that everyone would get his fair share?
They realized that $20 divided by six is $3.33. But if they subtracted that from everybody’s share, then the fifth man and the sixth man would each end up being paid to drink his beer.
So, the bar owner suggested that it would be fair to reduce each man’s bill by a higher percentage the poorer he was, to follow the principle of the tax system they had been using, and he proceeded to work out the amounts he suggested that each should now pay.
And so the fifth man, like the first four, now paid nothing (100% saving). The sixth now paid $2 instead of $3 (33% saving). The seventh now paid $5 instead of $7 (28% saving). The eighth now paid $9 instead of $12 (25% saving). The ninth now paid $14 instead of $18 (22% saving). The tenth now paid $49 instead of $59 (16% saving).
Each of the six was better off than before. And the first four continued to drink for free. But, once outside the bar, the men began to compare their savings.
“I only got a dollar out of the $20 saving,” declared the sixth man. He pointed to the tenth man,”but he got $10!”
“Yeah, that’s right,” exclaimed the fifth man. “I only saved a dollar too. It’s unfair that he got ten times more benefit than me!” “That’s true!” shouted the seventh man. “Why should he get $10 back, when I got only $2? The wealthy get all the breaks!”
“Wait a minute,” yelled the first four men in unison, “we didn’t get anything at all. This new tax system exploits the poor!”
The nine men surrounded the tenth and beat him up.
The next night the tenth man didn’t show up for drinks so the nine sat down and had their beers without him. But when it came time to pay the bill, they discovered something important. They didn’t have enough money between all of them for even half of the bill!
And that, boys and girls, journalists and government ministers, is how our tax system works. The people who already pay the highest taxes will naturally get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start drinking in a different country, where the atmosphere is somewhat friendlier.
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There's a difference between stepping down as leader of the party and giving up his seat. He could still sit in parliament representing his riding.
The (Alberta) leader Prentice gave up both his leadership and his seat. Some Albertans saw that as sour grapes.
I heard that Canada pretty much went all-out for the Liberals this time. I don't know much about Trudeau, except that he's Pierre's son and he isn't overly fond of the Keystone XL pipeline.0 -
I bet Canadian women taste like maple syrup.....0
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ScottyNoHotty wrote: »I bet Canadian women taste like maple syrup.....
Bwahahahha! This made me laugh!
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ScottyNoHotty wrote: »I bet Canadian women taste like maple syrup.....
We absolutely do!!0 -
Gene Simmons loves Canadian women.0
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There's a difference between stepping down as leader of the party and giving up his seat. He could still sit in parliament representing his riding.
The (Alberta) leader Prentice gave up both his leadership and his seat. Some Albertans saw that as sour grapes.
I heard that Canada pretty much went all-out for the Liberals this time. I don't know much about Trudeau, except that he's Pierre's son and he isn't overly fond of the Keystone XL pipeline.
Except Alberta!!0 -
ScottyNoHotty wrote: »I bet Canadian women taste like maple syrup.....
Apparently maple syrup has antioxidant properties...;-)0 -
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I imagine this is a tough week for Harper.
This is a memorial for the Mountie killed on the job by that random shooter.0 -
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Only three pages. Would California get more? Sometimes I refer to Canada as California North. We've got about the same population (Canada's a little less populous), and we have similarly baffling civic policies (to the rest of America).
Also because my ...ca suffix has confused some people, assuming I'm CAlifornian instead of CAnadian.0 -
Yes, Canadian women do taste like Maple Syrup and I love it!!
Fun fact: Canada's (somewhat) new polymer bank notes have many counterfeit properties.....one that many don't know of is that a new note smells like maple syrup. The scent is infused within the polymer.0 -
The Great Canadian Maple Syrup Heist - 9,600 barrels.0
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Haha people who aren't from Canada are absolutely hilarious! Apparently we drink maple syrup, ride polar bears, live in igloos, and ride moose...0
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Good reason to be here haha0
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projectsix wrote: »I'm just here on the west coast (Vancouver Island) for the free coffee and cheap weed !
I didn't know that there was free coffee there! I'm moving.0 -
It's fun watching the Canadian Border Patrol show with Americans trying to slip in to Canada possessing buds. Assuming it's all OK here....0
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Try and explain the NDP to Americans used to the two-party system.0
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Ya, Canada's pretty chill, but really...0
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Or not so funny, watch a Canadian (hubby) try and joke with the American border security. No sense of ha-ha there, let me tell you.0
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Haha, that's awesome0
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Timmies is fantastic0
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