The One Spa

Tax increases after Covid is over

SchlongConery

License to Shill
Jan 28, 2013
13,662
7,713
113
City is municipal/regional.

I assume you mean that you own a cottage and pay for two properties?

City of Mississauga is a different government and taxation authourity than the Region Of Peel.

City of Oshawa / Durham Region

Town of Gravenhurst is part of a second tier of government and taxation authority District of Muskoka
 

bazokajoe

Well-known member
Nov 6, 2010
10,628
9,299
113
City is municipal/regional.

I assume you mean that you own a cottage and pay for two properties?
The city I live in also has a regional government. Any one who lives in the Niagara Region has part of their city taxes going to the region for police/roads and water treatment etc. For example,I pay my water bill to my city but the Region is in charge of running it. When the police dept. sets their budgets,every city in the region pays their fair share and pass on any increases to the cities they serve which impacts our city taxes . If you are a cop you can be stationed in Niagara Falls,St. Catherines or Fort Erie or anywhere else in the Niagara Region. Some roads are plowed/maintained by the city while some are taken care of by the region.
 

wonkyknee

Well-known member
Jan 20, 2006
3,501
26
48
What the hell makes you think that all public service employees are at home on leave? There are employees who are now asked to work from home, remotely, to ensure that you get your federal benefits. They have to show that they are working and putting in a full day's work.

Working from home can be a pain in the ass, and stressful, more than you can imagine.

https://www.canada.ca/en/government/publicservice/covid-19.html
no one said all public employees are at home on paid leave? :) but might as well have. This is from TD's report on the recent employment numbers:

COVID-19 Already An Unprecedented Blow To Job Markets in March
•1.01 million fewer Canadians were working in March, an unprecedented decrease, and enough to drop the employment rate (share of those 15+ who are employed) to 58.5%, the lowest reading since 1997. Put differently, roughly 1 in 20 Canadians who had been working in February weren't in March. The unemployment rate was 7.8%, a 2.2 percentage point climb from Februrary that also set a new record for the pace of deterioration.
•The drop in net employment was driven largely by the private sector (-830k), with public sector employment down 145k


ONLY SEVEN TIMES THE NUMBER OF LAYOFFS IN THE PRIVATE SECTOR AS TO THE PUBLIC. ABSOLUTELY ONESIDED DIRECTION OF PAIN TOWARDS THE PRIVATE SECTOR.

Now your telling me that the large numbers of public sector employees asked to work from home are stressed out while full pay? They are making 2-3 times the CERB payments that some of the private sector casualties are getting. Would they rather have a 50% cut in pay, and no way to make payments? Public Sector has still little to no risk of ever losing their jobs, and a guaranteed DB Pension plan that even the great big Banks have deemed to expensive and too a high liability to keep on their books.
 

shakenbake

Senior Turgid Member
Nov 13, 2003
8,091
2,510
113
Durham Region, Den of Iniquity
www.vafanculo.it
no one said all public employees are at home on paid leave? :) but might as well have. This is from TD's report on the recent employment numbers:

COVID-19 Already An Unprecedented Blow To Job Markets in March
•1.01 million fewer Canadians were working in March, an unprecedented decrease, and enough to drop the employment rate (share of those 15+ who are employed) to 58.5%, the lowest reading since 1997. Put differently, roughly 1 in 20 Canadians who had been working in February weren't in March. The unemployment rate was 7.8%, a 2.2 percentage point climb from Februrary that also set a new record for the pace of deterioration.
•The drop in net employment was driven largely by the private sector (-830k), with public sector employment down 145k


ONLY SEVEN TIMES THE NUMBER OF LAYOFFS IN THE PRIVATE SECTOR AS TO THE PUBLIC. ABSOLUTELY ONESIDED DIRECTION OF PAIN TOWARDS THE PRIVATE SECTOR.

Now your telling me that the large numbers of public sector employees asked to work from home are stressed out while full pay? They are making 2-3 times the CERB payments that some of the private sector casualties are getting. Would they rather have a 50% cut in pay, and no way to make payments? Public Sector has still little to no risk of ever losing their jobs, and a guaranteed DB Pension plan that even the great big Banks have deemed to expensive and too a high liability to keep on their books.
Critical services, public sector employees, who ensure that people get those CERB payments.

Have you ever worked from home when you were hampered by a lack of the necessary tools to do your job?

Let’s not get into pension plans and how the federal government took away billions from the plan that its employees paid into it, to reduce the deficit a few years back, on the backs of its employees.

Where do you get the 2 to 3 times pay compared to CERB benefits?
 

bebe

Well-known member
Aug 17, 2001
5,204
454
83
Critical services, public sector employees...

Where do you get the 2 to 3 times pay compared to CERB benefits?
He is saying most Government employees don’t make $24,000 a year but between $50,000 to $75,000 a year.

Many makeover $100,000 a year. Just look at the sunshine list
 

Insidious Von

My head is my home
Sep 12, 2007
41,098
8,126
113
Ignorance is bliss. Mailmen and UPS drivers both pay taxes equally on the same scale? Where do you come up with such idiocy? Underground workers are no longer working? They lose! Public service if asked to stay home keep getting paid identical salaries. Underground and private sector are still on the hook for rent/lease and much more overhead. Think before you write such nonsense. What good is incorporating when there is zero revenues. There are also costs to incorporating and the only advantage is deferral. They take on great risk as we see today!
Bullshit No.5 wanna dance. Say what you really mean, public sector workers should be guillotined!

UPS and FedEx workers are getting more take home pay. Don't insult my intelligence. The only difference is that now UPS, sleazebags that they are, are forcing their couriers to use their own vehicles.
 

wonkyknee

Well-known member
Jan 20, 2006
3,501
26
48
Bullshit No.5 wanna dance. Say what you really mean, public sector workers should be guillotined!

UPS and FedEx workers are getting more take home pay. Don't insult my intelligence. The only difference is that now UPS, sleazebags that they are, are forcing their couriers to use their own vehicles.
somebody has built in issues....and rage. :)

take home pay is lower? or taxed higher? make up your mind. if the take home is lower than its something other than taxes?
 

wonkyknee

Well-known member
Jan 20, 2006
3,501
26
48
Critical services, public sector employees, who ensure that people get those CERB payments.

Have you ever worked from home when you were hampered by a lack of the necessary tools to do your job?

Let’s not get into pension plans and how the federal government took away billions from the plan that its employees paid into it, to reduce the deficit a few years back, on the backs of its employees.

Where do you get the 2 to 3 times pay compared to CERB benefits?
so much misinformation when it come to government workers. now your telling us all that that government workers are handwriting cheques and walking them over to banks and depositing them into individual bank accounts? :)

the two or three times the CERB payments has been explained already..

and the stress of working at home? its amazing that only government workers can constantly complain about the simplest of inconveniences and change. everyone is subject to change but you constantly have to hear how it only affects government workers. They are the only ones that ever needed 22 sick days and able to bank them for some odd reason. Not the men working in mines who get soot in their lungs? always need to be coddled.

oh someone played with the pensions? Oh god? you mean like they were cancelled at every other private corp? unbelievable whining.
 

shakenbake

Senior Turgid Member
Nov 13, 2003
8,091
2,510
113
Durham Region, Den of Iniquity
www.vafanculo.it
so much misinformation when it come to government workers. now your telling us all that that government workers are handwriting cheques and walking them over to banks and depositing them into individual bank accounts? :)

the two or three times the CERB payments has been explained already..

and the stress of working at home? its amazing that only government workers can constantly complain about the simplest of inconveniences and change. everyone is subject to change but you constantly have to hear how it only affects government workers. They are the only ones that ever needed 22 sick days and able to bank them for some odd reason. Not the men working in mines who get soot in their lungs? always need to be coddled.

oh someone played with the pensions? Oh god? you mean like they were cancelled at every other private corp? unbelievable whining.
If you are here only to slam unions and public service, then I have no time for you. I have made perfectly valid points, based on experience and observation. Where is your proof, aside from big business articles? You are insulting the very public service employees who are working behind the scenes to ensure that people get their CERB and ensuring that you are safe and protected as you continue to enjoy a certain quality of life in Canada.

As for the government pilfering the federal pension plan, it was about $27 Billion in funds that were from contributions by the members of that fund, to make it look like the deficit was actually rerduced.

Go take your big business agenda elsewhere. You are on Ignore from now on.
 

wonkyknee

Well-known member
Jan 20, 2006
3,501
26
48
If you are here only to slam unions and public service, then I have no time for you. I have made perfectly valid points, based on experience and observation. Where is your proof, aside from big business articles? You are insulting the very public service employees who are working behind the scenes to ensure that people get their CERB and ensuring that you are safe and protected as you continue to enjoy a certain quality of life in Canada.

As for the government pilfering the federal pension plan, it was about $27 Billion in funds that were from contributions by the members of that fund, to make it look like the deficit was actually rerduced.

Go take your big business agenda elsewhere. You are on Ignore from now on.
very sensitive. we're just talking. :)

27 billion is a big number. doesn't scare anyone though? why would you think posting a big number changes the point? There are a lot of big numbers? The big business article was taken right from your precious government website? you think TD was lying? LOL
 

Frontstreet

Senior Member
May 16, 2016
847
835
93
Toronto, Vancouver
It’s possible that taxes could rise, but for now Quantitative Easing (QE) by Bank of Canada will buy back GofC debt and some provincial debt, all coupon payments (interest on bonds) flow back to BofC and ultimately to the Canadian government. The net effect is devaluation of C$, but this is relative as all countries are “printing money”. The Fed did this during the financial crisis and came out okay. Only issue is C$ is not a global reserve currency like USD, so not sure what will happen. Bottom line is that tax increases have not been factored in due to COVID so far as much as we think it has.

I’m an optimist, I say the world is back to virtually pre COVID in about a year with a few permanent changes.
 

wonkyknee

Well-known member
Jan 20, 2006
3,501
26
48
It’s possible that taxes could rise, but for now Quantitative Easing (QE) by Bank of Canada will buy back GofC debt and some provincial debt, all coupon payments (interest on bonds) flow back to BofC and ultimately to the Canadian government. The net effect is devaluation of C$, but this is relative as all countries are “printing money”. The Fed did this during the financial crisis and came out okay. Only issue is C$ is not a global reserve currency like USD, so not sure what will happen. Bottom line is that tax increases have not been factored in due to COVID so far as much as we think it has.

I’m an optimist, I say the world is back to virtually pre COVID in about a year with a few permanent changes.
Unfortunately a lot of structural damage can be done well before one year is up.
 

fall

Well-known member
Dec 9, 2010
2,740
680
113
He is saying most Government employees don’t make $24,000 a year but between $50,000 to $75,000 a year.

Many makeover $100,000 a year. Just look at the sunshine list
Let's not compare apples to oranges. Much higher proportion of public employees have at least College diploma and many have at least Masters. In the private sector the most people who get fired have lower education level. So, the divide is mostly between blue-colour and white-colour jobs.
 

Malibuk

Well-known member
Jan 9, 2017
1,133
274
83
I have a feeling that this Chinese virus is going to cost Canada well over 1 trillion dollars, plus interest for countless generations.
 

onthebottom

Never Been Justly Banned
Jan 10, 2002
40,550
23
38
Hooterville
www.scubadiving.com
What will happen to the Toronto and Vancouver real estate markets?

I assume immigration will stop, China money may be out of favor. For some, house payments will be hard to make.
 
Toronto Escorts