The stupid, it burns ! (Page 1/1)
MidEngineManiac SEP 14, 09:16 PM
Groceries cost too much ?

Damn groceries stores. If they dont lower prices, we will tax the store (which they will just pass on to the cost of groceries) and make them even more expensive. !

So there !

Only a liberal mind could conceive of something THAT stupid.

https://www.reuters.com/wor...s%20rising%20prices.
Wichita SEP 15, 06:29 AM
The envious and angry leftist are completely misguided about taxation, because of their emotional rage blinds them from cognitive thinking.

They don't understand the simple fact that companies or businesses don't pay taxes; YOU do. Taxes levied on businesses are always, always, always passed on to the consumer. It's a cost of doing business, just like inventory, raw commodities, labor and etc.

Most leftist are takers and thieves anyways, so they have a perverted mindset that doesn't cohere to ethics and the social contract of society. That's why we have prisons.

Unfortunately, leftist gravitate towards government, because they thrive in taking from others using the force of government. We need to keep them away as much as possible. These are not good people.

rinselberg SEP 15, 07:46 AM
That would be more convincing, if it weren't for the track record of remarks in which "leftist" has been used as a kind of miscellaneous term for anyone that Wichita has (or thinks he has) some kind of beef with.

One of the more recent examples was when Wichita brought up a deadly shooting spree from July, in Fargo ND, and referred to the perpetrator as a "leftist," when there's nothing in any of the media reports that would connect the perpetrator with any kind of leftist political or cultural ideology or leanings.

"Gunman in Fargo shooting opened fire for ‘no known reason,' police say"
Jack Dura for NBC4 Washington DC; July 15, 2023
https://www.nbcwashington.c...-police-say/3385406/

It could yet emerge in some follow-up reporting that there is something that connects this perpetrator with an idea or pattern that is identifiably "leftist," but so far, I've found no such reports—and I've looked.

Just a reminder that taking Wichita's constant remarks about "leftists" at face value, without careful consideration, is a surefire way to end up with "egg on your face."

As to who or what has been egging Wichita on to such a pattern of indiscriminate remarks about "leftists," I have no clear idea. Maybe he's become somewhat isolated to the extent that it could be said that he would be well served to come out of his shell a little more?

This indiscrimination on his part is not cracking me up with laughter, particularly... it mostly goes the other way on that score.

[This message has been edited by rinselberg (edited 09-15-2023).]

82-T/A [At Work] SEP 15, 07:49 AM
So this is the headline...

"Canada could tax big grocery chains over rising food prices - Trudeau"


They don't give any feedback on what exactly this means... or if there's something specific that they intend to tax... but if this is what it is, I have no alternative other than to totally agree with you on this. Like Wichita said... many liberals just do not understand how taxes work, or the human element as it pertains to taxes. As you said... exactly, the company is not going to take the hit... why would they? They will simply pass the taxes onto the consumer. That's what ALWAYS happens. Second... people don't pay taxes out of the goodness of their heart. No one feels proud to pay taxes because they think it's going to a good cause. People pay taxes begrudgingly, and then they may make themselves feel better by saying, "this is going to a good cause." But they know it's not. It's going to Dick and Jane administrators in the Office of Beaver and Poutine Research in Ottawa... when it probably should be going to those dudes in the red outfits that ride horses everywhere. People will pay taxes up to a point, and when given the opportunity... they will avoid it. This happens at ALL levels, from people getting paid for work under the table doing handyman projects, to big corporations passing on the cost to the consumer.
rinselberg SEP 15, 08:17 AM
It's still early going here.

Trudeau has kind of trial-ballooned an idea of imposing new or additional taxes on grocery chains, but it seems like there's some other objective that he is pursuing. As if "taxes" is being used as some kind of scarecrow or boogieman to cause the grocery chains to react in some way.

[This message has been edited by rinselberg (edited 09-15-2023).]

MidEngineManiac SEP 15, 10:02 AM
The L.P.C. (and libs everywhere) have a carrot-and-stick mindset. Bully mindset.

Trudeau WANTS lower grocery prices to garner votes.

So to get his own way, he is going to threaten the stores with punishment if he doesn't get what he wants.

It never occurs to him enticements work better than threats, nor that he wont be punishing the stores doing that. Simply rising grocery prices and further pissing off the very people he is trying to woo. Thus costing not garnering voters.

Stupidity at play.
fredtoast SEP 15, 10:51 AM

quote
Originally posted by 82-T/A [At Work]:
. As you said... exactly, the company is not going to take the hit... why would they? They will simply pass the taxes onto the consumer. That's what ALWAYS happens.




Tax codes are complex, and I don't know enough about Canada's laws to comment on what Trudeau might propose, but there are ways to tweak the tax code so that the business CAN'T just pass it on to the consumer.

Corporations only pay taxes on "profits". So say two companies both have a million in net income in a year. If one company re-invests the net income in the business then they will not have any taxable profits. If the tax rate is raised it will not effect the company that re-invests because they don't pay any taxes. So if the other company tries to raise prices to "pass it on to the consumer" they will not be able to compete with the lower prices of the company that re-invests. In that case it is impossible to "pass it on to the consumer"

So the trick is to change the tax law not by just raising the rate, but by adjusting deductions and other elements that go into calculating what is "taxable income". I'd have to do a lot more research t figure out how this might apply to the grocery store industry, but it is probably something like this that Tremeau is considering.