Author Topic: The Wreck of BC  (Read 9884 times)

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Offline wilber

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Re: The Wreck of BC
« Reply #705 on: April 18, 2018, 11:36:50 am »
So what? We need to be focused on going where the parade is going to be, not grasping at a dying commodity.

The parade won't be going anywhere if Alberta shuts off the tap. Neither will anything else.
"Never trust a man without a single redeeming vice" WSC

Offline SirJohn

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Re: The Wreck of BC
« Reply #706 on: April 18, 2018, 11:39:20 am »
Well at least you seem to understand that they ARE going to run out. Hopefully we are not standing around scratching our heads when it does. And why burn it all if we have smarter cleaner ways of producing energy? Which we do.

If it was cheaper we'd be using it. It's not. We will use more of it as it becomes cheaper. What part of this confuses you?

In the meantime, we have a product that helps pay for the social services of all the people in this country who pay no taxes but continue to insist on more services.
"When liberals insist that only fascists will defend borders then voters will hire fascists to do the job liberals won't do." David Frum

Offline wilber

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Re: The Wreck of BC
« Reply #707 on: April 18, 2018, 11:42:54 am »
So what? Does Alberta pay a higher federal tax rate? No they don't. They pay the exact same thing as everyone else.

You do understand the difference between tax rates and actual taxes paid? Doesn't sound like it.
"Never trust a man without a single redeeming vice" WSC

Offline cybercoma

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Re: The Wreck of BC
« Reply #708 on: April 18, 2018, 01:41:56 pm »
You do understand the difference between tax rates and actual taxes paid? Doesn't sound like it.
If you're talking about actual taxes paid then Ontario and Quebec put more into federal revenues than Alberta, since the majority of tax payers live there.

Offline wilber

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Re: The Wreck of BC
« Reply #709 on: April 18, 2018, 01:54:37 pm »
If you're talking about actual taxes paid then Ontario and Quebec put more into federal revenues than Alberta, since the majority of tax payers live there.

Then why are they receiving equalization payments?

Payments are based on per capita revenue yield. Alberta has the highest per capita income and GDP in Canada and as a result contribute more on average than any other province.

https://en.wikipedia.org/wiki/Equalization_payments_in_Canada
"Never trust a man without a single redeeming vice" WSC

Offline cybercoma

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Re: The Wreck of BC
« Reply #710 on: April 18, 2018, 04:21:00 pm »
Now you’re talking per capita yield. That’s a function of the businesses operating there as well, which by the way, still pay the same federal tax rate as every other business across the country.

If you don’t understand equalization payments and how they’re determined, then look it up.

Alberta doesn’t “give” anything to anyone.

Offline ?Impact

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Re: The Wreck of BC
« Reply #711 on: April 18, 2018, 04:26:36 pm »
Alberta doesn’t “give” anything to anyone.

I disagree, they give a lot of aggravation to the ROC.
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Offline wilber

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Re: The Wreck of BC
« Reply #712 on: April 18, 2018, 05:34:37 pm »
Now you’re talking per capita yield. That’s a function of the businesses operating there as well, which by the way, still pay the same federal tax rate as every other business across the country.

If you don’t understand equalization payments and how they’re determined, then look it up.

Alberta doesn’t “give” anything to anyone.

Yes and they pay more because they produce more, when is that going to sink in?
"Never trust a man without a single redeeming vice" WSC

Offline ?Impact

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Re: The Wreck of BC
« Reply #713 on: April 18, 2018, 05:48:36 pm »
Yes and they pay more because they produce more, when is that going to sink in?

pumping money out of the ground is not production, it is pillaging
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Offline SirJohn

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Re: The Wreck of BC
« Reply #714 on: April 18, 2018, 06:21:56 pm »
pumping money out of the ground is not production, it is pillaging

Oh, Jesus Christ.  ::)
"When liberals insist that only fascists will defend borders then voters will hire fascists to do the job liberals won't do." David Frum

Offline cybercoma

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Re: The Wreck of BC
« Reply #715 on: April 18, 2018, 08:01:05 pm »
Yes and they pay more because they produce more, when is that going to sink in?
Ontario and Quebec make up nearly 60% of the country’s GDP. Alberta’s GDP is behind both. They don’t “pay more” than either Ontario or Quebec.

Offline wilber

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Re: The Wreck of BC
« Reply #716 on: April 18, 2018, 08:10:22 pm »
Ontario and Quebec make up nearly 60% of the country’s GDP. Alberta’s GDP is behind both. They don’t “pay more” than either Ontario or Quebec.

They pay more per capita because that is what it is based on. A larger percentage of each Albertan's tax dollar goes to equalization than any other province.

Energy products are this country's biggest export at 20.1% of total exports. Vehicles are second at 14.8%

The only provinces not receiving transfer payments are the three western provinces and Newfoundland Labrador. Energy is the largest export of all four including BC and coal makes up over 60% of BC's energy exports.

So you guys better get of you asses and sell some windmills because right now, the energy producing provinces are carrying the biggest export load.
"Never trust a man without a single redeeming vice" WSC

Offline cybercoma

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Re: The Wreck of BC
« Reply #717 on: April 18, 2018, 08:29:09 pm »
If you want to qualify per capita, then the idea that Alberta pays anything is moot. Per capita, the federal tax rate is still the same for everyone, regardless of who is paying. So no...Alberta’s taxpayers don’t pay more. They pay the exact same rate,
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Offline wilber

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Re: The Wreck of BC
« Reply #718 on: April 18, 2018, 08:36:46 pm »
If you want to qualify per capita, then the idea that Alberta pays anything is moot. Per capita, the federal tax rate is still the same for everyone, regardless of who is paying. So no...Alberta’s taxpayers don’t pay more. They pay the exact same rate,

So let's get rid of equalization. Simple.
"Never trust a man without a single redeeming vice" WSC

Offline Squidward von Squidderson

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Re: The Wreck of BC
« Reply #719 on: April 18, 2018, 08:39:10 pm »
So let's get rid of equalization. Simple.

Sure....   and BC can charge a toll for pipelines running through it and a levy on goods coming through its ports.   Simple.
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