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Discussions

Proton2 Proton2 There... Are... Four... Lights!
  • Tit for tat?

    @cbae: "LOL. A luxury tax isn't quite the same as income tax now, is it?"

    Your absolutely right. Examples of reducing taxes can be found in Canada between the various economic provincial government implementations. Quebec has a high tax regime and a lot of socialism schemes and they have a bad economy compared to for example British Columbia. B.C., and Alberta are projected to have a serious worker shortage in the next few years. Even now many construction projects are held up because of the lack of construction workers.  

    Quebec by the way has been propped up for decades by equalization payments derived from tax payers in better performing provinces within Canada, which enables Quebec to have better social programs than any other province in Canada as well as maintain high taxes (which reduce revenues).

    Some other Canadian facts: No banks needed bailing out or went bankrupt. No housing bubble occurred. Federal debt to GDP is around 38%. (It used to be about 80% before an "austerity" program was implemented in the 1990's). Unfortunately if you add in provincial debts, the debt to GDP is about 80%. Some provinces have almost no debt (Alberta once had billions in surplus, but then went on a spending binge, even outspending Ontario by thousands of dollars on a per person bases), and some don't even have a deficit (Saskatchewan for example).

  • Tit for tat?

    Raising taxes doesn't always mean that you get more revenue. Its possible that raising taxes will reduce revenue. Its probable better to have consistency so the investor, business person, etc. can plan for the future and make better decisions.

    An older example is the luxury tax: an excerpt after a quick search:

    "But it wasn't long before even those die-hard class warriors noticed they'd badly missed their mark. The taxes took in $97 million less in their first year than had been projected — for the simple reason that people were buying a lot fewer of these goods. Boat building, a key industry in Messrs. Mitchell and Kennedy's home states of Maine and Massachusetts, was particularly hard hit. Yacht retailers reported a 77 percent drop in sales that year, while boat builders estimated layoffs at 25,000. With bipartisan support, all but the car tax was repealed in 1993, and in 1996 Congress voted to phase that out too. January 1 was disappearance day."

    http://www.freerepublic.com/focus/news/819936/posts

  • Tit for tat?

    Are any of the commenters here familiar with John Maynard Keynes and Friedrich August Hayek ?

    And how about the Laffer curve ?

    http://en.wikipedia.org/wiki/Laffer_curve

     

    The reason I ask is because much of what is discussed in this thread has many of the themes found in one or the others economic theories (philosophies ?). And the Laffer curve idea is mentioned indirectly.

  • Visual Studio Express - End of Life

    Dup.

  • Visual Studio Express - End of Life

    I seem to recall that the express editions originally were only going to be freely available to download for one year. But then later that was changed to indefinitely.

  • Visual Studio Express - End of Life

    Don't students get the latest for free anyway.

    "Software tools for you at No Charge! The Microsoft DreamSpark student program allows students to get access to the latest Microsoft developer and designer tools, such as Visual Studio® and Expression® Studio, at no charge. Take advantage of this program today and unlock your creative potential. Start exploring the power of software."

     

  • Tit for tat?

    Research that shows why lower taxes are good for growth:

    http://www.cityam.com/latest-news/allister-heath/research-shows-why-lower-taxes-are-good-growth

    Bonus article: Why tax when you can just steal:

    http://fullcomment.nationalpost.com/2012/05/20/george-f-will-a-government-enrichment-policy-that-borders-on-theft/

    Sorry for my brevity, but its long past my bed time.

    Update: I forgot I was going to say: "I'm glad I live in Canada".

  • Having read some of the coments a question i have

    @DeathByVisualStudio: Not too many years ago there was a term used by computer programmers called the death march.

    The modern programmer, and their managers, now no longer set a release date for software then try to hit that target no matter what, but instead say it will be released when it is ready.

    Your avatar looks like you are still on a death march.

    My current avatar by the way is of my sisters dog Newt, mother of my dog Mysty, breed of Bouvier de Flanders. The item in front of her used to be a round ball.

  • A new start for RIM?

     If RIM still has money, they should pack it up and go now.

    Here is some sage advice from the past:

    Steve Jobs Should Quit Apple and Head Disney

    by James R. Stoup May 30, 2006

     http://www.applematters.com/article/steve-jobs-should-quit-apple/

     --------------

     Gartner: Apple should quit hardware business

     http://www.zdnet.co.uk/news/emerging-tech/2006/10/18/gartner-apple-should-quit-hardware-business-39284186/

     ----------------

    RIM has been developing their BB10 for a while now. Why would it be a good idea to abandon all that work as well as their portfolio of patents?

  • C. Change in Canada

    Canada made its last penny on Friday.

    http://www.cbc.ca/news/canada/toronto/story/2012/05/04/mb-canada-last-penny-mint.html?cmp=rss%26cmp=AFC-I78V04166919