$6B to Quebec

[blackpowder]

I suppose in the long run it's not necessarily a bad thing. Land ownership wouldn't be diluted down over generations as in some SA countries.
The generation facing the cemetery here are sure in tears. The notion of their non farming heirs some day not owning land.
And as in all business, growth needs to maintain at a rate to cover inflation and taxes.
It is however, brutal on the unprepared. I'm cleaning up a very expensive mess left by my parents.
Keep it or sell it, the tax bill I face needs paying someday. Hopefully by an insolvent estate?? 😂

[AlbertaFarmer5]

A5 free riders like you, love your bailouts and subsidies and sending their kids to public school, driving on public roads and enjoying public healthcare but don't want to pay their fair share of taxes to pay for it.
It's the libertarian way.

Consumption taxes are considered regressive because many low income people still have to pay them on basics to survive.

Progressive income taxes are fairer because you pay more tax based on your income and your ability to pay. And the personal tax exemption can be high enough that low income earners don't have to pay much tax.

And don't worry if you work hard and earn lots of money you can still be rich.

And how is it a farmer who claims to be making no money is paying income tax anyway?

You need to work on your strawman arguments. They don't seem to be working.

I don't complain at all about paying my fair share of taxes. I've travelled enough of the world to appreciate the services and level of infrastructure we enjoy.

But the current system makes it very very difficult to invest, create, start businesses. While simultaneously protecting the interests of those already established. When the harder you work, the more taxes are removed before you can have any say in how you would have otherwise spent those dollars, any investments have to be done using the remaining after tax dollars, meanwhile, the established business enjoys much lower flat corporate tax rates on their profits, and any profits reinvested are not taxed.

You have often indicated your hatred, resentment and jealousy of businesses, and corporations. This cause should fit your agenda.

Let the working man decide how best to invest his (her) income. The majority will spend it exactly as they always have, paying the same amount of consumption taxes, as they would have had forcibly removed from their paycheques before. The minority who have the ambition, motivation, skills, ideas and opportunities choose to invest the entirety of their income in their ventures. Where they will add to our GDP, create employment, add to the tax base, and innovate services or technologies that benefit all of us.

Or we could do it your way, and stifle all investment and innovation, while further entrenching the pattern of the big getting bigger, and ensuring that the working stiff is unable to ever rise up to his ( or her) potential. It worked so well in the USSR after all.

And I've never complained about not making money farming. I'm proud to say that we pay a lot of taxes ( corporate). Accountant and banker say we are in a class of our own, by a wide margin. After many years of working around the clock sending most of my paycheques away in taxes, investing the remainder into building the farm, it eventually paid off. The odds are certainly stacked against doing it this way with the current taxation regime.

[Hamloc]

A5 free riders like you, love your bailouts and subsidies and sending their kids to public school, driving on public roads and enjoying public healthcare but don't want to pay their fair share of taxes to pay for it.
It's the libertarian way.

Consumption taxes are considered regressive because many low income people still have to pay them on basics to survive.

Progressive income taxes are fairer because you pay more tax based on your income and your ability to pay. And the personal tax exemption can be high enough that low income earners don't have to pay much tax.

And don't worry if you work hard and earn lots of money you can still be rich.

And how is it a farmer who claims to be making no money is paying income tax anyway?

In your previous post you argue for a sales tax, in this post you argue against it, so which is it? Myself I believe sales taxes are a more efficient way for governments to raise revenue and the revenue from sales taxes is more consistent than income taxes which tend more steeply downward during an economic downturn. I think it has been a great mistake that there is no sales tax in Alberta.

[Old Cowzilla]

I would rather have my non farming kids own my property than the gov or some teachers union.

[AlbertaFarmer5]

In your previous post you argue for a sales tax, in this post you argue against it, so which is it? Myself I believe sales taxes are a more efficient way for governments to raise revenue and the revenue from sales taxes is more consistent than income taxes which tend more steeply downward during an economic downturn. I think it has been a great mistake that there is no sales tax in Alberta.

Just more taxes, of all kinds, on everyone except himself of course. Its the socialist way.

Another good quote from Chuck a couple of days ago.

But excess profits are not needed.

Now he is in charge of deciding how much profits are enough, vs excess.

[Guest]

Just more taxes, of all kinds, on everyone except himself of course. Its the socialist way.

Another good quote from Chuck a couple of days ago.

But excess profits are not needed.

Now he is in charge of deciding how much profits are enough, vs excess.

And which laws are ok to break if you are a socialist

[chuckChuck]

So you freeriders are okay with for profit long term care for seniors even if means they cut corners and let granny dehydrate and wither away?

[AlbertaFarmer5]

Caseih, I need your help trying to define what qualifies as excess profits.
Do you think that a farm who can afford to spend as much money as the cost of a new pickup truck on virtue signaling solar panels has excess profits?

[jazz]

AF, I am reading your post about paying taxes. I dont think we should be proud to pay excessive taxes especially when they are wasted in Africa or used to buy votes in the maritimes. Quebec doesnt feel guilty about taking our money, we shouldnt feel guilty about not sending it.

Since Trudeau got in we have been working hard to structure our farm to pay almost no tax federally. Most of our personal taxation is property taxes which stay in the province. Our personal income is from dividends which are taxed very lightly and then we lean heavily on our corporation to keep the rest at bare min.

No taxation without representation.

[blackpowder]

I would rather have my non farming kids own my property than the gov or some teachers union.

Agree. But then you darn well make sure your ACB is as high as you can get it during transition and there's cash for the tax. Who would've believed $5000/ac 20 years ago??

[AlbertaFarmer5]

AF, I am reading your post about paying taxes. I dont think we should be proud to pay excessive taxes especially when they are wasted in Africa or used to buy votes in the maritimes. Quebec doesnt feel guilty about taking our money, we shouldnt feel guilty about not sending it.

Since Trudeau got in we have been working hard to structure our farm to pay almost no tax federally. Most of our personal taxation is property taxes which stay in the province. Our personal income is from dividends which are taxed very lightly and then we lean heavily on our corporation to keep the rest at bare min.

No taxation without representation.

To clarify. I don't think corporate rates are excessive. At least for a growing business reinvesting in itself. Personal absolutely are punitive. We take very little personal income out.
And don't get me started on the waste and vote buying going on in Ottawa.

But I would far sooner be in a position where I get to pay taxes then in a perpetual position where I don't have to pay taxes, the latter is not very sustainable.

[chuckChuck]

Manitoba has fallen!

1.2 billion from the federal government for daycare and early learning.

Saskatchewan and Alberta will follow.

https://www.cbc.ca/news/canada/manitoba/manitoba-signs-onto-federal-child-care-program-1.6134778

Manitoba signs on to federal $10-a-day child-care plan

Plan aims to create 23,000 full-time spaces by 2025-26
CBC News · Posted: Aug 09, 2021 10:43 AM CT | Last Updated: 12 minutes ago
The federal and provincial governments say they have a new plan to provide regulated child care at an average cost of $10 a day by 2023. (Katerina Georgieva/CBC)

Manitoba has signed on to a federal plan to provide daycare at an average cost of $10 a day in regulated child-care spaces starting next year.

Under the plan, the federal government promises to spend $1.2 billion to fund early learning and child care in Manitoba over the next five years.

"It is no exaggeration to say that this is the largest child-care deal ever struck by the province of Manitoba in its nearly 151 year history," Manitoba Families Minister Rochelle Squires said at a news conference announcing the plan Monday.

Federal Families, Children and Social Development Minister Ahmed Hussen and Squires made the announcement at the YMCA-YWCA of Winnipeg in Westwood.

"This is the result of really hard work on both sides — the result of frank conversations, compromises, making sure that we're listening to each other, making sure we learned about the special circumstances of the early-learning and child-care sector in Manitoba," Hussen said.

Parents of young children, particularly women, have been hit hard by the COVID-19 pandemic, and now that much of the economy is reopening, they are facing "the impossible choice of either staying at home to take care of their kids or going back to work and paying very high child-care fees and fighting for those hard-to-get child-care spaces," he said.

The plan will cut costs for families by 50 per cent for children up to six years old in regulated child care by the end of the year, the two governments said in a news release.

It will also create another 23,000 full-time regulated care spaces by the end of the 2025-26 fiscal year, the news release said. An additional 1,700 extended-hour spaces will also be created, for parents needing child care in the evenings and on weekends.

In addition to cutting costs for parents, the plan aims to create culturally inclusive child care for all children, particularly Indigenous children, Hussen said.

The funding will also be used to improve pay and training for early childhood educators, Hussen said.

"I'm talking about providing early childhood educators with good pay that is reflective of their training and their skills ... so that more people can choose to not only become early childhood educators but continue to be early childhood educators."

The federal Liberals pledged to create a universal child-care system in their throne speech last September as a way to help more women return to and enter the workforce, after their numbers dropped during the pandemic.

With the deal between Manitoba and the federal government, nearly 50 per cent of Canadian families are now covered by the federal program, Hussen said.