At this point, taxation is consistently the largest line item in almost every person's budget and yet what do we have to show for this? The streets aren't paved with gold, and the fences aren't made of sausages. Given the gubbermints are all "deficit spending", taxation is a mechanism of control rather than an attempt to balance the budget.
Follow the money is great in theory but the gubbermints make sure to obfuscate their trail so thoroughly, it's near to impossible.
This article is dead on. Taking it one step further, when a generation or generations cannot see a future that includes ownership of homes, good jobs and getting ahead regardless of their education and efforts, they will not buy into the economic and social system that exists. They will not be committed to preserving a nation as it stands or the fundamental foundations upon which the nation was built, including free enterprise, democratic values and so on. And that is why we see so many young people who are willing to embrace more authoritarian principles - for example, banning conservative speakers from universities. We are also seeing young people elected to provincial government regimes and city councils who have no problem imposing higher and higher property taxes on homeowners - after all, they do not own property nor see any prospects of doing so in the future. Home equity taxes will eventually be on the agenda of federal and provincial governments - especially when many elected officials are younger and do not themselves own their own homes. I fear for the future when young people do not buy into the system upon which we older generations thrived.
On a completely different note, my Iron Quill teeshirt arrived this morning and it looks terrific!!
I love this because its the sum of what of happening today:
When a generation runs the numbers and concludes ownership is unrealistic, it does not riot. They recalibrate and avoid risk.
Today hard working couples are being taxed heavily despite the increase in living cost. I had a discussion someone yesterday, he mentioned the system doesnt actively rewards the risk taker, but grants benefits to others who are playing it safe, who choose deliberately not to work, but rely on benefits. While those working are taxed to fund those not working. Hence you have low productivity, because if the majority chooses to wait on benefits from the govt, you already running a communist society.
At this point, taxation is consistently the largest line item in almost every person's budget and yet what do we have to show for this? The streets aren't paved with gold, and the fences aren't made of sausages. Given the gubbermints are all "deficit spending", taxation is a mechanism of control rather than an attempt to balance the budget.
Follow the money is great in theory but the gubbermints make sure to obfuscate their trail so thoroughly, it's near to impossible.
This article is dead on. Taking it one step further, when a generation or generations cannot see a future that includes ownership of homes, good jobs and getting ahead regardless of their education and efforts, they will not buy into the economic and social system that exists. They will not be committed to preserving a nation as it stands or the fundamental foundations upon which the nation was built, including free enterprise, democratic values and so on. And that is why we see so many young people who are willing to embrace more authoritarian principles - for example, banning conservative speakers from universities. We are also seeing young people elected to provincial government regimes and city councils who have no problem imposing higher and higher property taxes on homeowners - after all, they do not own property nor see any prospects of doing so in the future. Home equity taxes will eventually be on the agenda of federal and provincial governments - especially when many elected officials are younger and do not themselves own their own homes. I fear for the future when young people do not buy into the system upon which we older generations thrived.
On a completely different note, my Iron Quill teeshirt arrived this morning and it looks terrific!!
I’m impressed by you information gathering and your presentation!
I love this because its the sum of what of happening today:
When a generation runs the numbers and concludes ownership is unrealistic, it does not riot. They recalibrate and avoid risk.
Today hard working couples are being taxed heavily despite the increase in living cost. I had a discussion someone yesterday, he mentioned the system doesnt actively rewards the risk taker, but grants benefits to others who are playing it safe, who choose deliberately not to work, but rely on benefits. While those working are taxed to fund those not working. Hence you have low productivity, because if the majority chooses to wait on benefits from the govt, you already running a communist society.
Is it not the government agenda: "By 2030 you'll own nothing and be happy". But I just can't figure how we'll be happy.