By increasing taxes, Iggy and Mr. Layton say their revenues will increase allowing them to spend money on real priorities...helping Canadian families. I have argued that this will end up doing the reverse, see:
Socialism Devalues Low Income PeopleCorporate profits advance causes. When a corporation makes a profit, it uses the money to reinvest in people, machines, infrastructure and growth. This allows people to be hired and advance their pay through increased opportunities.
When a government says, "give me that profit, I will spend it", they are really saying, "the good that cooperate profit accomplishes through increased jobs, employment and opportunity is LESS THEN the good accomplished by the government taxing and spending on the people's behalf: hence the tax!". This 'value proposition' made by left-leaning policy is rarely called out.
I call out increased corporate taxes as:
· An insult to those who take risk
· Punishment on success
· Demotivating those who work hard
· Immoral way of 'leveling the playing field'
· Intolerant government judging that their good is better then the good of corporate profit being reinvested
Left leaning policy is trying to sell you on them helping out families. But it is not free. The immediate tax is corporate profit. The long term tax is your future growth and opportunity, and consequent INCREASED dependence on the government services... exactly what they want. It's a strategy for control over the economy and your choices via limiting free market.
So what is it going to be? The government planning the economy and allocating resources to ensure you get that helping hand? Or the free market rewarding hard work, success and through that, additional opportunity comes knocking on your door?
Entitlement says, "Your success should also be mine... so hand it over buddy"
Freedom says, "Teach me how you got that success so I too can enjoy the same rewards".
Freedom via low corporate taxes permits a 'free market' to reward work ethic and success. I love freedom because it offers choice (by definition).
Do not buy left-leaning policy which squashes freedom by choosing for you.
I want to help those in need. I think it ought to be done better and differently then left-leaning policy.