Doug Ford promises 20% tax cut for some Ontario families

You can read this Article in full by clicking the link below:
http://www.cbc.ca/news/canada/toronto/ford-tax-cut-ontario-election-1.4656726

I must say that I’m impressed with how Doug Ford is structuring his goals. I don’t want Doug Ford making any false promises, or promises he knows he can’t keep. This is what Doug Ford Made known “the cut would not be implemented until the “second or third year” of a PC government.”

Now it’s important to understand that tax cuts differ from a law requiring employers to pay employees $14 per hour. A minimum wage increase can happen tomorrow if that’s what a government wants to do. Marijuana is similar, because laws governing smoking and alcohol already exist. However Tax cuts require the notion that the government will have it’s spending under control.

Personally I think the best thing to happen to Ontario right now is a crash, because the Ontario economy is in really bad shape, adding to the mess are the minimum wage laws, because Ontario has no control over the money supply of Canada especially if there’s a Liberal Prime minister and Conservative, Provincial leader. One of the worst things Kathleen Wynne did was to raise minimum wages, because the Ontario economy already revolves around a lot of excessive regulations.

With that said it’s going to take a novel approach to get the Ontario economy moving again. Based on my thinking, it’s going to be very difficult to bring business into Ontario because the atmosphere is such that, i’m not entirely sure that Canadians understand that manufacturing industries revolve around tight margins and being that the energy sector in Ontario is deeply in debt, there’s a lot of virtue signalling and all it takes is for another Liberal to get into power to mess things up all over again.

This is how business people think. Business people look to the future and the real question I have for Doug Ford is will he be able to explain to Canadians that there’s no such thing as a free lunch. Ronald Reagan, as an example often use to educate people on Conservatism, because most people believe that because we have these innovations now that they’ll be there and more advanced in the future. Well advancements in society can’t exist without the free market. If it’s too expensive to make something and there’s no incentive maintain it then it won’t be built.

One of the reasons why solar energy took so long to take off was because there would have been no incentive to maintain solar panels, so it would be hard for capital to pour into it. Furthermore the resources needed to produce solar panels aren’t scarce. This is why the private sector pursued Oil endeavors, now one could argue it was wrong to that, but tree huggers usually don’t get involved in business with as much passion as they do to get government to force people to change. Being that the government is bureaucratic it slows down everything and this is why I’m curious to see how Doug Ford governs Ontario. Will he be able to change peoples minds.

Interesting times ahead.