this post was submitted on 28 Nov 2024
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35
Poilievre calls two-month GST break inflationary, says Tories will vote against it (ca.finance.yahoo.com)
submitted 5 days ago by [email protected] to c/[email protected]
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[–] [email protected] 2 points 2 days ago* (last edited 2 days ago)

If I spent 100% of my paycheques for the next 2 months on things that are temporarily tax free, the amount of money I'd save would be… less than my rent increase for the next year.

Edit: I forgot I have to still pay rent for those 2 months, so more like 8 months increased rent, or factoring in all the essential bills more like 6. When all's said and done the realistic GST savings might allow me to buy a large pizza and a dip at the end of February.

[–] [email protected] 38 points 5 days ago (1 children)

Conservatives also voted against affordable childcare, the school food program, and dental coverage... among quite a few other things designed to make life just a little more bearable for struggling Canadians.

Poilievre would take Canada backwards by decades if he became Prime Minister.

[–] Oderus 14 points 5 days ago

Poilievre will take Canada backwards by decades when he becomes Prime Minister.

Sadly, this is likely a true statement.

Funny him calling this vote buying when he just announced a 5% GST exemption on buying houses under $1Million if/when he becomes PM. If what Trudeau is doing is vote buying, then Bitcoin Millhouse is doing the same, but whining about it.

[–] [email protected] 39 points 5 days ago (2 children)

Alternate headline: PP sponsors ads to give big oil tax breaks. But opposes giving working man tax break.

[–] [email protected] 16 points 5 days ago* (last edited 5 days ago)

The tax break doesn't put enough money in the donors pockets, so of course he's gonna fuck over the average schmo.

[–] [email protected] 4 points 5 days ago

The libs should introduce a bill called "peter putinfever says he wants to lower taxes for the working class but won't. Watch this"

[–] [email protected] 29 points 5 days ago (2 children)

"Everything that encourages people to spend money is inflationary!"

Does this fucking moron have any idea how economies work?

Here's a fucking hint; if no one ever buys anything, there is no fucking economy.

Yeah, a two month GST holiday ain't gonna do shit, this is a stupid plan, but calling it "inflationary" just exposes how little this idiot understands about anything. Or how little he cares.

[–] [email protected] 12 points 5 days ago

Does this fucking moron have any idea how economies work?

I'm pretty sure that any actual understanding of economics is forbidden to Conservatives.

[–] [email protected] 5 points 5 days ago (1 children)

Well we heard it from the horse's mouth - tax cuts are inflationary. In some circumstances they can be but Trudeau should still remind him of this every time he says "axe the tax."

[–] [email protected] 4 points 4 days ago

Good point there.

[–] [email protected] 16 points 5 days ago

22 minutes pointed out that the conservatives pitched this idea years ago with erin o'toole....

"Its a good idea when we say it! Bad idea if trudeau does it"

For the record, i think it's a shameless PR stunt and i dont like it, regardless of which party proposes or backs it....

[–] [email protected] 13 points 5 days ago (1 children)

Hasn’t this guy been going around blabbering about β€œaxing the tax” like a scratched record for the past couple years?

[–] [email protected] 8 points 4 days ago

Well, to be fair that tax affects his donors bottom line.

This one helps average people.

Embrace the cognitive dissonance. Just not the ideology.

[–] [email protected] 22 points 5 days ago (1 children)

Cons : we want lower taxes.

Libs: ok tax break?

Cons: not like that! 😑

[–] justhach 8 points 5 days ago

"We only want convoluted tax breaks that only benefit the wealthiest tier of Canadians, not broad strokes that attempt to help the poorest!"

[–] StopTouchingYourPhone 23 points 5 days ago

Skippy the oppositional attack puppy is against everything, including a functional Canadian government. Rotten little twit.

[–] [email protected] 9 points 5 days ago

Trudeau needs to full-on endorse Poilievre maybe see if the right-wing nuts rebel and vote NDP.

[–] [email protected] 2 points 4 days ago

BTW, he's gone from 44% to 47% in Mainstreet's polls.

https://338canada.com/20241121-mai.htm

[–] [email protected] 0 points 5 days ago (1 children)

You know what might actually be effective? Stop taxing cash-only transactions for a few months. Keep taxing anything using electronic payment or credit cards.

That way, you kickstart the local economies and people stop spending as much on foreign products.

[–] [email protected] 3 points 4 days ago (1 children)

A lot of small businesses don't take cash. It's actually more effort than it's worth. It's so easy these days to get a credit card payment setup, and you don't have to worry about people trying to rob you for the contents of the register anymore.

And in most rural areas of Canada, mail order is basically how you get most stuff anyway. The local economies are gone. It's too late. None of that is going to come back in a few months.

What they're doing here, specifically targeting things like payments at restaurants, is about the best bet possible at helping local economies. But two months is far too little to make a meaningful difference. Any benefit will be lost to the administrative costs of tracking all the paperwork.

[–] [email protected] 2 points 4 days ago

I haven't had a single issue paying with cash in a city and there hasn't been a single business that I have went to that has been cash free. And I'm not looking for wether they take cash or not.