BiscottiGelato

好搞笑﹐歷史上最不受歡的省長

上次他醉駕被拉已經應該辭職啦﹐面皮幾丈厚  ...
匿名 發表於 2010-11-3 12:07

I rather have a premier that drinks and drives but can manage the province really well.

Than someone that would put the province in social, economical and fiscal turmoil.

This is the problem with democracy. People can't really tell what's good for themselves, and what's not. What effect does the premier have on the average BCer when he DUI? Nothing, there's no negative effect what so ever other than a bitter taste in people's mouth. In comparison, a premier that waste all the tax dollars on useless Ferries definately will make the average BCer worst off tho.

And this is why, albeit all that Clinton did back in his days, he will always be rated ahead of Bush and alike. Cuz who he sleeps with have nothing to do with how he manages the country.

BiscottiGelato

It is a logical course of progress when you think of it as what it is -- damage control. You try th ...
Lik 發表於 2010-11-3 12:14

That's why I say, Campbell and the gang is never politically smart. However the ultimate intent of pushing HST through is for the good of the province. People just can't take a bitter medicine that's good for them. I'd think that just spells shame on the citizen on not being able to recognize what's good for them and what's not, rather than shame on the government in trying to do good for the province but bad on their own popularity.

On the other hand, it's part of the HST agreement with the Federal gov't that they cannot change the tax rate for the first few years. Besides, at that time (depth of the recession), I don't think it's prudent for the province to push out a revenue negative move. I applaud their attempt in fiscal responsibility and in their courage to make a move at that time to push out something good for the province at their own political popularity's expense. I don't know if we will ever find a premier like that ever again.

MSN04

回復 19# BiscottiGelato

Totally agree with you.

No doubt the HST was a lie, but I don't mind if it is a good decision.

If you are working on a project, you change you decision a lot if there are better alternatives.

BiscottiGelato

On to the 15% tax cut. An income tax cut is usually regarded as some of the most efficient stimulus a gov't can give to the economy. I don't think we can blame the Lib for trying to salvage their popularity by giving this tax cut, only at a time when the province can actually afford this cut (we are ahead of the budget forecast for the next few years). Considering the stimulus effect on the economy and to fatten up the middle incomers' pocket. I don't see how the 15% tax cut is not a win-win move for everyone.

Lik

On the other hand, it's part of the HST agreement with the Federal gov't that they cannot change the tax rate for the first few years. Besides, at that time (depth of the recession), I don't think it's prudent for the province to push out a revenue negative move. I applaud their attempt in fiscal responsibility and in their courage to make a move at that time to push out something good for the province at their own political popularity's expense. I don't know if we will ever find a premier like that ever again.
BiscottiGelato 發表於 2010-11-3 12:19

I would be quite surprised if the no provincial sale tax reduction clause could not be re-negotiated with the federal government to adopt some sort of change. After all, if the provincial government was only reducing the provincial portion of the tax, then that really isn't a matter for the federal government to meddle with. As a means to keep the public happy, certainly the federal government (and federal politicans) would understand the importance as well.

-Lik

fm9610

On to the 15% tax cut. An income tax cut is usually regarded as some of the most efficient stimulus  ...
BiscottiGelato 發表於 2010-11-3 12:25

The problem is you need very finance savvy guys to manage it. I am not sure CaroleJ and her team have the skill or the will. They just have too many union friends to favor
   
Now the CEO is gone, I hope the broad of directors can elect someone with the same caliber to lead. Personally, I hope we can get/beg Taylor to come down from the mountain. Otherwise wait for the takeover and the big unknown....

sheep

It's good to see Gordo do this, and again, it shows that public pressure (and people power in genera ...
Lik 發表於 2010-11-3 11:24

    我就話金寶再一次顯露佢之狂妄自大
接受唔倒被人批評
佢辭職係想話
我走咗 睇你哋點死
我就印印腳咬糧

BiscottiGelato

I would be quite surprised if the no provincial sale tax reduction clause could not be re-negotiate ...
Lik 發表於 2010-11-3 12:41

Again, revenue negative, fiscal ignorant moves at the depth of the recession and right after the Olympics... In a political viewpoint, it's probably worth a shot to renegotiate. In real terms (economy/fiscal/what comes out/into taxpayer's pockey), it's really not worth it to do a renegotiation. If you open it up for renegotiation, anything is fair game. The Fed might counter that they now want to cut the grant in half for all you know.

It's easy to be an armchair critic in retrospect. I highly doubt anyone in that position could've done any better for the long term benefit of the province.

sheep

回復  BiscottiGelato


Why not 15% tax cut and HST at the same time?  Lib says HST is revenue neutr ...
Look4chrisng 發表於 2010-11-3 11:52

    If HST is revenue neutral the 15% tax cut will lead to a deficit

BiscottiGelato

If HST is revenue neutral the 15% tax cut will lead to a deficit
sheep 發表於 2010-11-3 12:57

But they are now ahead of their own budget forecast. So they have margin to play with on this.

More-over, income tax cuts is regarded as the most efficient form of stimulus. Much better than stimulus spendings, quantitative easings, etc. You never know if the net benefit in business stimulus might result in more tax receipt down the road.