Taxing Canadians’ patience: Crown Corporations, Unnecessary Public Servants and Welfare Recipients need to pay their fair share – May 19, 2019,
So an article on our State Run Media Crown Corporation CBC which is funded by Canadian taxpayers writes an article titled Taxing Canadians’ patience: Corporations need to pay their fair share, by Jo Davies(CBC). Now the better question is why doesn’t Crown Corporations pay their fair share? In America, they have PBS which is funded by donations, in Canada, our version of PBS is the CBC which is funded by Canadian taxpayers who are forced to pay for the CBC. It should be noted right of the bat that The Canadian Broadcasting Corporation is a Canadian federal Crown corporation. They’re a State-owned Crown Corporation that doesn’t have to pay their fair share.
Their funding isn’t based on any market fundamentals, they’re not providing any services that are in demand from the public, most of the services being offered by the CBC are offered by Privately owned media corporations who have not only sustained themselves but in many instances have been flourishing. So if there’s a belief that corporations aren’t paying their fair share, maybe Crown Corporations should stop using private sector money to fund their corporation.
That aside, the first thing I’d like to point out is if Private Corporations leave Canada, do the employees they employee pay income taxes? When Target left Canada did their employees still pay any income taxes or did their customers contribute to sales taxes? Because what often goes overlooked is how much money these large corporations contribute to our tax system. If you go to most small towns most ish they had large corporations there as do the municipal governments, because in reality without the private sector, there are no taxes for the government to tax.
Large corporations adhere to all the tax laws and regulations, and in many instances, they’re doing this while at the same time raising capital to help secure the retirement of Canadians. People forget that it’s the private sector paying for retirements, paying for welfare, paying for public servants, paying for a our standard of living, paying for the conveniences many of us take for granted, paying for crown corporations, paying for The Canada Health Act (CHA or the Act), paying for public servants, paying for politicians, paying for energy, paying for our paved streets, paying to get water to our homes, paying for our heat, paying for basically everything. The Government is not in business if Government business was profitable Russia and all the other communist countries wouldn’t need to implement any semblance of a free market into their economy.
Private companies, privately owned corporations fund our entire lifestyle in Canada. Imagine if the government was in control of giving you the internet? Do you know what would happen? We’d have Chinese style censorship because the Government would decide and micro-manage everything that we would be allowed to do on the internet, this would also equate to everything moving slower, have you have seen how reckless the government is with the money they get from the private sector? Universal basic income experiments? Justin Trudeau giving money away to whomever he deems worthy, Justin Trudeau creating a carbon tax on consumers just because of something he believes to be true.
Now, let’s talk about the biggest tax cheats of all, public servants and welfare recipients, how much money do these people and entities contribute to taxes? Public Servants don’t have any money without the private sector, public sector money is derived from the private sector, so any money the CBC gets as an example came from the Private Sectors productivity, now what about consumers of welfare, when will they pay their fair share? Most able-bodied people on welfare aren’t willing to do certain jobs, have you ever met some people on the government dole, many of them believe doing certain jobs are beneath them, therefore they won’t do those jobs and contribute their fair share to taxes. Furthermore, because there’s a government-created minimum wage, the government is also responsible for unemployment and welfare, because I think people forget that Corporations pay inflated wage prices in certain instances because of government laws.
A lot less young people are getting any real-world work experience because the government in almost every single province in Canada have artificially raised the cost to hire people. One of the main reason Canada is losing out on taxes is that there are fewer corporations or businesses for that matter who can even start a business because the cost to entry is high because of over-regulation. Crown Corporations, Public Servants and Welfare Recipients need to pay their fair share if consumers don’t like a corporation they’ll stop supporting that corporation if they have more options. The more you tax corporations the fewer options Canadian consumers will have, thereby equating to fewer corporations for the government to tax.
To be clear: my position is if you’re not willing to start your own business and hire thousands of people don’t assume that you’re an expert on who pays the most taxes. The middle class exists because of business people who hire Canadians, there are more wage earners in Canada than there are entrepreneurs, wage earners are paid by entrepreneurs, without entrepreneurs wage earners earn nothing and can’t contribute to income taxes. Public services aren’t free, public servants and people who work for Crown Corporations collect paychecks from wages, and their entire existence wouldn’t exist if it weren’t for the private sector. The public sectors, as well as welfare in Canada, has been flourishing for years, they’ve been flourishing because of the taxes paid by the Corporations.
If Loblaw disappears, do these income taxes that their employees pay get paid to the government? Corporations follow the laws and they still have to compete in the free market, private companies as well all know go bankrupt all the time, they also have to be able to raise capital and present themselves as a profitable company before they can attract investment. If you as an individual were investing in a company and you heard that the company was near bankruptcy would you invest in that company? Of course, you wouldn’t! Supposed you also heard that a company was paying more taxes than it was legally required to pay, would you invest in that company or count on that company to fund your retirement? Of course, you wouldn’t, this is the reason why oil-rich Venezuela is now a hell hole, their oil company was forced to not only pay their fair share, which means that if the government or people like Jo Davies decide that you’re not paying enough Jo Davies and her ideal government will force the private company to pay more a matter fact it will only be a matter of time before the government owns the company, which of course, means that profit motive for the business will be abolished which equates to less taxation because similar to the CBC when there’s no profit motive a state-owned corporation can blame privately owned corporations for their own irresponsibility with how they spend the money they received from tax-payers.
Interesting times ahead