Mike's Daily Comment

Proponents for Higher Corporate Taxes Aren’t Going to Like This

 

Michael has the results of a CD Howe Study that concludes that increases in payroll taxes are passed almost entirely to workers in the form of lower wages. Another study concludes that wages in Provinces drop by more than a dollar when corporate tax revenues increased by a dollar. 

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The Liberal’s NAFTA Agenda Needs a Rethink

Gettting a new NAFTA deal isn’t easy with the Trump Administration but the Liberals aren’t helping Canada’s cause by linking our interests with Mexico and saying that any new agreement must include the Liberal’s version of gender and indigenous rights along with their climate change agenda.
 
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Is Government About To Drive the Price of the Kinder Morgan Pipeline Higher

Now that Canadian Taxpayers are owners of the Kinder Morgan Pipeline, the Feds are forming a Crown Corporation to be in charge of building the $7.1 billion project. The question is, will people in charge of building the project will be chosen on the basis of gender & diversity or other government dictates instead of merit, based on experience and track record. 

 

2017-06-08

The Driving Force in Economics and Finance

Michael identifies the force that has served him well in correctly forecasting Brexit, The Election of Donald Trump, the rise of populism & the anti-establishment movements in Italy, Hungary, Spain. All part the catalyst for the breakup of the EU. 

 

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Backlash Grows Over Carbon Tax

Contrary to what some well known climate activists state – a carbon tax hurts economic growth. That’s why the revenues collected from BC’s original carbon tax were offset by reductions in personal and business taxes but that mode’s been rejected by today’s greedy governments.
 
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