Myself, I’m downgrading Moody’s
That’s right internets. I’m rating them ‘negative’. I am earnestly and sincerely advising my friends family and blog readers to not buy their shares, not apply for jobs there and not buy anything from their bond rating stuff store. (I wonder what it would sell – little currency stuffy toys?).
Bib 183, riding the Cruise
I just got my confirmation for the Rideau Lakes Cycle Tour today – in the email. Bravo, Ottawa Bicycle Club. You’ve made it to the age of email. As snarky as that sounded, I would appreciate the efforts the club staff and volunteers make if they sent their confirmations on hand-inscribed vellum or stone tablets. It’s an amazing event and I’m glad to be doing it again this year.
Niceying up the wealthy so we feel bad for them when we want to tax them more
There’s this refreshing counter-melody threading in and out of the deafening cacophony of rhetoric around cutting our way to greatness and the great quest for lower wages and cheaper stuff. You can barely hear it. But it’s there.
Don Drummond, meet Hugh Mackenzie
Then take your stupid report and chuck it. The CCPA has published a new hunk of PDF by economist Hugh Mackenzie which slices and dices the Drummond report’s fiscal forecast and portrays it as a crisis-invention tool. I hate PDFs too, but I think it’s important enough to have a look at it and see what they’re on about.
If only everyone paid their taxes
Doug Saunders points out that the amount of money required to fix Europe’s debt ills is about as much as you’d get if you taxed all the money held in off-shore tax havens at 11 per cent.
Another thing about corporate tax cuts
I did not know this. The US taxes its multinationals globally. And if a company can prove it has already paid tax on its profits in a host country, say Canada, it can get a credit for that tax. And then the US federal government claims the difference between the host country’s tax rate and the US corporate tax rate.
People for corporate tax cuts: I like this campaign but
OPSEU’s recently unveiled “People for corproate tax cuts” campaign is really cute. It’s ironic, bright, Web 2.0 hip and it makes me laugh. It gave me a real morale boost. A lot of my friends have been passing it around on Facebook and on Twitter. I don’t confuse this, however, with “going viral”.
Liberals would scrap income trust tax?
Centre is right, right is left and… er… right is right.
Note to everyone who considers themselves middle class and longs for tax cuts
You’re kidding yourselves. See? This Toronto Star report on a CCPA study speaks volumes to me.
Income trusts: the world’s smallest violin is playing somewhere
Is there anyone who’s going to stand up and speak for the woe-besotten share – sorry unitholders – who may see their dividends – sorry income disbursements – shrink? It won’t be me.
