In this video, I talk with author and economic analyst John Sneisen about the massive tax hike just issued to Canadians, mainly small businesses.
As 50% of small businesses in Canada don't make it past the one year mark, Prime Minister Justin Trudeau announced un-apologetically that taxes will be raised on small businesses in order to "grow" the middle class which of course is the group taking the biggest hit.
Trudeau during the election claimed that small businesses were largely just ways for people to hide their taxes.
Now let's get this straight. Taxation is theft. The vast taxation Canadians face on a daily basis is nothing short of robbery. From income taxes to the carbon tax, property tax, business tax, general sales tax, provincial sales tax and countless others. Not to mention inflation, the hidden tax.
The government puts in regulations and taxes on businesses under the guise of stopping monopolies when these regulations and taxes in actuality CREATE monopolies by pushing small businesses out of the market.
The major corporations that liberals act as if they oppose can afford to pay the taxes. They can just lay off tons of employees, or just move to another country with less aggressive regulations and taxes. The small businesses are then forced to pay these taxes and follow these regulations and they simply can't afford to compete in the market and they're driven out of business.
The free market provides so much more than the state, and far more efficiently.
The debt accumulation and poverty in Canada is growing by the day.
Canada's private debt to GDP is 6th in the world at 266.89%. That's insane!
Trudeau is moving Canada towards the likes of Venezuela and Zimbabwe. Truth be known, Trudeau doesn't have much of a say, he can hardly spell his own name, he's the talking head as bankers and regulators work behind the curtain to shove people into debt servitude via the hand of the central bank and governing powers, but people think all surface, no substance, so people must be made aware of what these implementation mean and what they will further lead to.
See the FULL video report here:
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When has that ever worked?
Hey joshsigurdson,
Nice work sir
interesting posts and thank you for sharing @joshsigurdson
No problem! :)
In most places in the world taxes are high. Research has shown that too high taxes, bring less income to the budget (Laffer curve).
Prime Minister of Canada looks smart, but he makes this same mistake as most of leaders... coincidence?
I hope Canadians will soon wake up to how pretty boy Justin is ruining Canada. Our selfie loving PM is clueless on how to stimulate the economy. He spent most of his adult life as a trust baby playboy. Being a drama teacher for a few years doesn't make him qualified to be the leader of Canada.
I like your post. I have your upvote and I will wait for your next post
Nice piece, @joshsigurdson. The statement that small businesses are just ways for people to hide their money is an idiotic statement. Small businesses are what people start to support themselves, families, and communities.
Taxes are a necessary evil. They should be used for the common good through providing infrastructure, emergency services, and justice for its citizens. Using demagoguery as a guise to unfairly target one group or another is a despicable, yet effective, means for self-promotion.
The only solace here is that the US isn't the only nation burdened by overzealous politicians with nefarious methods of eliciting support from their constituency. I guess we really are all in this together.
Great job; I have followed you so future work will show in my feed. Feel free to follow me back and good luck on Steem!
Y at-il espoir pour le Canada? Au cours des prochaines élections en 2019 est-il une chance qu'ils pouvaient se débarrasser de son gouvernement communiste?
Good points made. At best Trudeau is a neo-Marxist whose aim is recreate Canada as a bureaucratic socialist regime. There is much to be concerned about, but Canadians in general imo are doped up "govt is our friend" pills to ever become aware of this threat let alone seek to be effectively engaged.
Hi I really found this disturbing I will share it and I hope people wake up. It is so
sad that we have greed in this world where is compassion and love?
I do pray that there will be awakening because people are asleep. Thank you for sharing this.
Good job guys. I'm really going to miss first world countries when they're gone.