tag:blogger.com,1999:blog-5649264476699871612.post7953778909710436646..comments2023-10-25T04:54:37.147-07:00Comments on Just Right: Tax cuts, dopey jingoism, etcJRhttp://www.blogger.com/profile/10884491329536733335noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5649264476699871612.post-29704707034281107292007-11-01T18:55:00.000-07:002007-11-01T18:55:00.000-07:00John, I can see your point on “productivity” as a ...John, I can see your point on “productivity” as a measure of output per worker rather than “production” as an absolute. Though Watson did say “unproductive[ly]” I suppose “productivity” was what he had in mind. <BR/><BR/>There are probably lots of good statistics to prove that an income tax cut encourages savings more than a GST cut. However when I buy my new gas-guzzling SUV next spring the 2% GST cut will result in about $1200 less being withdrawn from my investments. That is, it will remain invested not spent on more stuff — until I buy my new house when the $15,000 GST savings (offsetting the $15,000 BC land transfer tax grab) will remain invested. Similarly ........<BR/><BR/>Anyway, I’m in favour of all measures that keep my money out of government hands. What we really need is for the nanny-state to begin shrinking instead of growing. Then tax cuts can really begin in earnest.<BR/><BR/>“Greater Sudbury” - hmm, that does sound just a little ostentatious - something like renaming my old stomping grounds “Greater North Bay”.<BR/><BR/><BR/>Manuel, I kind of like the colour scheme on our new plates. But a sensible motto (like Alberta’s) seems to be too much to ask for.JRhttps://www.blogger.com/profile/10884491329536733335noreply@blogger.comtag:blogger.com,1999:blog-5649264476699871612.post-42658122620101078872007-11-01T13:49:00.000-07:002007-11-01T13:49:00.000-07:00hmm I thought the lettering on the new plates was ...hmm I thought the lettering on the new plates was a dark blue, which I only noticed since it was a pain in the ass to see with the darker background.....only complaining cause reading plates is part of my job. thank god Im in Alberta with our properly contrasted plates.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5649264476699871612.post-89803583229059043982007-11-01T13:32:00.000-07:002007-11-01T13:32:00.000-07:00"So, just how is more consumption 'unproductive'?"..."So, just how is more consumption 'unproductive'?"<BR/><BR/>I am not an expert by any stretch of the imagination, but I will take a stab at this one. In crease consumption will, as you note increase demand for products, but it will not increase the amount that people save. That has to be taken into account too. People don't save enough for their retirement.<BR/><BR/>And a consumption tax is viewed as better -- at least somewhat. An Income tax makes people less likely to work hard, so productivity takes a hit. Of course, you cannot simply replace all income taxes with consumption taxes and not expect the underground economy to flourish.<BR/><BR/>By the way, after amalgamation, my city changed its name to Greater Sudbury. I and most others still call it Sudbury though.John M Reynoldshttps://www.blogger.com/profile/13704715207786444650noreply@blogger.com