taxes

Follow the Floor Stickers and All Will Be Fine

Never trust snowboard instructors and graphic arts designers to do real scientists’ jobs:

Pandemic stay-home orders and lockdowns were so widespread it cost the federal treasury more than two-third of a billion in lost gas taxes, according to finance department accounts. Fuel tax revenue will remain “well below expected GDP growth” for years to come, wrote staff: “Revenues are projected to fall by 12 percent.”

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The Department of Health receives an average 100 reports a day of opioids lost or stolen from pharmacies nationwide, says an internal audit. The department had a backlog of 20,000 reports it failed to track, and no idea of the volume of drugs diverted to the black market: “I’m dumbfounded the system could allow that much loss and not do anything about it.”

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Why, that doesn’t sound suspicious at all!:

The Privy Council Office is concealing hundreds of thousands of records on pandemic mismanagement, the Commons health committee was told. Disclosure of a few records to date detail favouritism in contracting and attempts to hide supply shortages: “Who in government is responsible?”

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by Osumashi••0•Posted in"China eats weird animals disease", "Experts", Canada's Corrupt Liberal Government, Canada's incompetent Liberal Government, Politics, taxes

CRA hotline gives bad advice up to 13% of the time

The inaccuracy rate varied wildly between different call centres. While the Calgary and St. John’s centres had an inaccuracy rate of 3%, the centre in Toronto gave inaccurate responses 13% of the time.

In a previous statement, CRA Commissioner Bob Hamilton said the agency is not responsible for any financial consequences stemming from bad advice.

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by Sarcasticat••0•Posted inCanada, Canada's incompetent Liberal Government, taxes

Dan Fumano: ‘Vacancy tax’ hits airspace over B.C.’s mom-and-pop businesses this year

Dan Rodriguez recently learned he’ll need to cough up an extra $6,000 in taxes this year for the speculation and vacancy tax, a measure introduced by the provincial government with the stated aim of “turning empty homes into good housing for people who live and work in B.C.”

But Rodriguez isn’t on the hook because of any empty homes — he owes because of the air above his restaurant.

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by Sarcasticat••0•Posted inBatshit Loony, BC, Canada, Government is never your friend, taxes

Biden plans first major federal tax hike since 1993 to pay for long-term economic program

Sources state that planned increases include raising the corporate tax from 21 per cent to 28 per cent; an increase of the income tax on high-income earners — defined as those making over $400,000; an expansion of the estate tax; paring back tax preferences on pass-through businesses such as limited-liability companies; and a new tax rate on capital gains for those earning at least $1 million.

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by Sarcasticat••0•Posted in"President Dementia AKA Joe Biden", Obama's Third Term, taxes, USA

It’s Just Money

There is plenty to printed or taxed:

Tax write-offs cost more than $3.3 billion last year, an increase of millions over 2019, according to an internal Canada Revenue Agency audit. The report disclosed the Agency typically “stockpiled” unrecoverable taxes for write-downs: “An uncollectible amount can be written off at any time.”

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A bill to expand carbon tax exemptions for farmers is crucial as cabinet hikes rates every year until 2030, the Commons agriculture committee was told yesterday. “Farmers are struggling now,” said Conservative MP Philip Lawrence (Northumberland-Peterborough South, Ont.), sponsor of the bill.

 

To be filed under “Justin Trudeau Is An Arrogant Piece of Crap“:

Prime Minister Justin Trudeau yesterday would not set any date for a federal budget, the first since 2019. Trudeau told reporters pandemic management was a greater priority: “Of all the money invested in helping Canadians get through this pandemic, eight or nine of every ten dollars has come from the federal government.”

 

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by Osumashi••0•Posted inCanada's Corrupt Liberal Government, Canada's incompetent Liberal Government, Economy, Justin Trudeau Air Head, Politics, taxes

It’s Just Money

Cases in point:

A federal climate bureau spent more than $600 million last year, says an internal audit. Spending did not include $800,000 in annual staff time to manage newly-detailed carbon offset regulations: “Doing nothing is not an option.”

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The $675 million Public Health Agency “lacked everything” despite assuring legislators it was prepared for the pandemic, a Liberal-appointed lawmaker told the Senate national finance committee. “I was told twice, not just once but twice, you had enough resources on hand to deal with the pandemic,” said Senator Éric Forest (Que.): ‘There was a huge gap between the perception and the reality.’

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The Liberal government will not release a budget in March as it takes more time to assess the impact of the pandemic, meaning that more than two years will have passed since the last federal budget was released.

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by Osumashi••0•Posted inCanada, Canada's Corrupt Liberal Government, Canada's incompetent Liberal Government, China eats weird animals disease, Economy, Green-Scam, Politics, taxes

Trudeau’s new taxes add insult to economic injury

2020 has been an incredibly challenging year for Canadians from all walks of life. CFIB predicts up to 225,000 Canadian businesses could close forever due to COVID-19 lockdowns. Family members have been lost, jobs remain scarce, and we find ourselves in the middle of a deeply unstable global political climate. Surprisingly, this Liberal government decided that now, during the second wave of a pandemic, is the right time increase taxes and make Canadians pay more.

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by Sarcasticat••0•Posted in"China eats weird animals disease", Canada, Canada's Corrupt Liberal Government, Justin Trudeau - Pissant, taxes

BREAKING NEWS: Hunter Biden reveals he is under federal investigation over his taxes but says he is confident he will be cleared – as his father Joe says he is ‘deeply proud’ of troubled son

Hunter Biden put out a statement Wednesday saying he is under federal investigation over his taxes.

‘I learned yesterday for the first time that the U.S. Attorney’s Office in Delaware advised my legal counsel, also yesterday, that they are investigating my tax affairs,’ Biden said.

The statement was put out by President-elect Joe Biden and Vice President-elect Kamala Harris’ transition office.

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by Sarcasticat••0•Posted inCorruption, Democratic Party, taxes