XPost: can.general, can.politics, ott.general   
   From: nospam@thanksalot.com   
      
   Well yes, because we all know that if we had elected an NDP/Green/Liberal   
   government then taxes would be reduced dramatically overnight!   
      
   "NøCøns"  wrote in message   
   news:qVRJp.11795$SG4.4860@newsfe03.iad...   
   > Why does this not surprise me?  The 'We Won't Tax You Like the Liberals   
   > Did' Party is in power in Ottawa - and our taxes are up.  'Fool me once,   
   > shame on you;  fool me twice . . . . '   
   >   
   > Our only consolation is that 60% of Canadians didn't get fooled.   
   >   
   >   
   >   
   > "Alan Baggett"  wrote in message   
   > news:4a2891a8-33a8-4935-b35a-9058b872a4ac@16g2000yqy.googlegroups.com...   
   > Tax Freedom Day comes later this year :CRA SOTW   
   >   
   > By DEREK ABMA, Postmedia NewsJune 7, 2011   
   >   
   >   
   > The Fraser Institute, a Vancouver-based think-tank, declared Monday as   
   > the day the average Canadian would have fulfilled all tax obligations   
   > to various levels of government.   
   >   
   > That's under a fictional scenario in which all the money you initially   
   > make in the year goes directly toward paying your taxes.   
   >   
   > Under that scenario, every dollar you make after Tax Freedom Day for   
   > the rest of the year would be yours - all yours.   
   >   
   > Last year's Tax Freedom Day was June 4. The Fraser Institute said the   
   > two-day delay this year was due to a better economy bringing incomes   
   > up, putting more people into the higher tax brackets.   
   >   
   > As well, the more people buy, the more money is collected through   
   > sales taxes.   
   > Tax Freedom Day in 2009 fell on June 1, also because of a healthy   
   > economy, the Fraser Institute says.   
   >   
   > "Overall, I would say it is certainly not negative in the sense that   
   > the economy is recovering," said Niels Veldhuis, senior economist with   
   > the Fraser Institute.   
   >   
   > "That said, the average family is still paying 43 per cent of its   
   > income to one level of government or another. Despite the trend, it's   
   > still a substantial amount of money that works out to almost $40,000   
   > for the average family."   
   >   
   > In terms of the total amount of tax dollars taken as a proportion of   
   > the economy, Veldhuis said Canada falls somewhere in the middle of the   
   > list of industrialized countries.   
   >   
   > The Fraser Institute's records indicate Canada's tax burden was at its   
   > peak in 2000, when Tax Freedom Day would have come on June 24. The   
   > earliest date, according to the group's calculations, would have been   
   > in 1961, when it came on May 3.   
   >   
   > Veldhuis said there is room for more tax cuts in Canada, particularly   
   > with income taxes.   
   > "We have now had successive federal governments - both the Martin   
   > government and the Harper government - indicating in their prosperity   
   > agendas that our income taxes are damaging," said Veldhuis.   
   >   
   > "(High income taxes) prevent skilled workers and educated workers from   
   > working harder, from saving. They prevent entrepreneurs from taking   
   > risks, and I think that's one area where we have to pay some serious   
   > attention."   
   >   
   > Veldhuis is among the economists who say the government of Prime   
   > Minister Stephen Harper should have targeted income-tax cuts instead   
   > of reducing the GST to five from seven per cent after taking office.   
   >   
   > However, Veldhuis is not proposing the GST cut be reversed now.   
   >   
   > "I would be in the camp of, 'Let's cut that tax bill any way that we   
   > can, and where possible, let's cut the best taxes that we can, or the   
   > most damaging taxes that we can.' I'd like to see income taxes come   
   > down rather than sales taxes, but if it's sales-tax cuts or nothing,   
   > I'll take cutting the sales tax."   
   >   
   > Veldhuis said now's the time for governments to cut spending.   
   >   
   > "The reality is that in many jurisdictions - and this is certainly   
   > true for the federal government - revenues have already rebounded to   
   > pre-recession levels," he said.   
   > Alberta has the earliest freedom day, on May 18, while Newfoundland   
   > and Labrador has the latest, at June 19. Quebec's comes June 10.   
   >   
   > © Copyright (c) The Montreal Gazette   
   >   
   >   
   >   
   >   
   > -----------------------------------------------------------   
   > Miss a Tax Tale Miss a lot!   
   > Visit the CRA SOTW Library at http://canada.revenue.agency.angelfire.com   
   > ------------------------------------------------------------   
   > Alan Baggett - http://taxcollectorsbible.com/ - Tax Collector's Bible   
   >   
      
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    * Origin: you cannot sedate... all the things you hate (1:229/2)