The newest Tax - Global Bank Tax ( Canada fights alone against it ) !!

Discussion in 'Current Events' started by klein, May 18, 2010.

  1. klein

    klein Für Meno :)

    TODAY - May 18, 2010

    Go to Video

    Canada blasts plan for a global bank tax

    Senior ministers push back against a levy that could have strong effects on the country. PM takes takes message to world.
  2. Monkey Butt

    Monkey Butt Dark Prince of Double Standards Staff Member

    I would think Canada would support Socialism on a global scale.
  3. klein

    klein Für Meno :)

    I just started a facebook group against those proposed Global Bank Taxes.
    Wondering how many global fans will sign up.....

    What the hell is a pre-tax, to bail out banks good for ?
    So, they can take on any risk in the future, knowing they have a tax mountain of money set aside to bail them out ? Nonsense !
  4. Monkey Butt

    Monkey Butt Dark Prince of Double Standards Staff Member

    Sounds like income redistribution to me ... a kind of global social security or unemployment income - tax the more fortunate and give to the less fortunate.
  5. Lue C Fur

    Lue C Fur Evil member

    Or like is going on here in the USA... tax the hardworking educated people and give it to the lazy non tax paying freeloaders...Wealth distribution Obama style.
  6. klein

    klein Für Meno :)

    Obviosly you didn't watch the news video. Bank Taxes will be paid by every bank account holder, as in higher service fees and/or interest.
    It only helps the banks, not the small or big guy.
    So, the banks can't go bk and can risk all they want.
  7. DS

    DS Fenderbender

    We are not socialist.Why do you Americans have to label everything?
    The world does not revolve around the fickle opinions of some fat-ass Americans half cocked idea of the truth.
    Not to pick on you in particular hoax,I just had to rant ,but as a whole the USA and Obama are edging towards the dreaded socialism
    that you fear so much.It's a good thing .IMO there should be an amnesty program to allow all illegals to obtain
    US citizenship,Imagine the tax revenue it would invoke
    .Ok now I'll read the article.
  8. Lue C Fur

    Lue C Fur Evil member

    Peace out...:peaceful:
  9. Lue C Fur

    Lue C Fur Evil member

    Sounds like typical Canadian socialism...something you should be all how is the unemployment insurance working for you? Do you thank your hardworking neighbors for their tax dollars to spend on your "Likor"?
  10. klein

    klein Für Meno :)

    You know, the whole point of that newscast, was to actually prove to you guys, that Canada is a conservative country, with a conservative party and PM in charge.
    But, you are so deaf and blind, that you can't even watch the news open minded.

    So, the USA and Europe is teaming up for a new proposed Global Bank Tax. Canada is against it ! Do you finally get it ??????

    Used to all of out entitlements - what is that all about ?
    We don't have a food stamp program here.
    A 401K like you have.
    You don't pay taxes on your healthcare, like we do. And basically free for the ones that couldn't pay the bill, without collecting any individual extra taxes to make up for it.
    All you social programs such as SS, Medicare, Medicaid are totally underfunded, as well as most company pension funds.
    Which btw are totally unheard of here ($3000 or more monthly company pension), unless you're a director or upper government employee.
    With the motto, collect as much as you can now, forget the future generation.

    Now, because most of the rest of the world screwed up, and they had to bail out banks and mortgages, they want us conservative Canadians, (that with strict banking rules
    avoided it), to now start paying banking taxes ?
    So, you guys can do it all over, again ?

    We say NO !!! Adapt our banking regulations, and there won't ever be a need to bail the banks out !
    Basically, banks stop gambling with all their/our money/assests !

    You can't have it both ways, Lucy.
    You complain about bailouts, yet, you dismise Canada for being against bailouts !
  11. Lue C Fur

    Lue C Fur Evil member

    Ummmm...i dont care...its Canada. Dont you have some "Likor" to consume?:st_patrick:

  12. klein

    klein Für Meno :)

    Ok, I guess I'll give you an american website, (financial times).
    Maybe now you'll understand these new taxes that the US and Europe want to implement ?

    Bankers in favour of paying global fee

    By Patrick Jenkins in Davos and Tom Braithwaite in Washington
    Published: January 30 2010 00:02 | Last updated: January 30 2010 00:02

    Some of the world’s most prominent bankers have come out in favour of a global bank wind-down fund, a concession from the industry after weeks of fighting proposals for new taxes in the US and Europe.
  13. Monkey Butt

    Monkey Butt Dark Prince of Double Standards Staff Member

    I think you missed the point klein.
    The point is that you (not speaking for other Canadians) laud the Socialist aspects of Canada and how great it is.
    The proposed Bank Tax is a form of Globally applied Socialism.
    The commonalities are:
    One (the bank or the individual) does not have to be responsible for their actions - they rely on the government to bail them out.

    And DS, the Canadians are as fat-assed as Americans are ( at least the show I watched the other night said so) and furthermore, you Canadians are pasty-white - get some sun people! :happy-very:
  14. klein

    klein Für Meno :)

    I disagree with you about it being globally applied social taxes.
    But, I can see how you look at it.

    I look at it, the other way around. Gives Capitalisum a free ticket, for banks and Wall Street to continue gambling or making up useless, worthless funds.
    You guys see national healthcare as being socialisum, but so are you non taxable payroll deductions, medicare and medicaid.

    Nazi Germany had national healthcare, so does Iran and Irak.
    In matter of fact the US has the largest social healthcare on the planet. The fact remains, the US government spends per capita more on healthcare then any other country on earth.
    And not just by a little !
    As an added extra bonus, the US also has the highest drug prices.
  15. DS

    DS Fenderbender

    1) I was not boasting,I was just stating a fact that you proved right with your labeling me a socialist liberal,
    2)Maybe I chose the wrong words,I should have said pretentious or holier than thou.
    3)This is not Europe,and our healthcare system works just fine for 99% of the population.
    4)We care where the taxes go too,again you're insinuating we are inferior and stupid.
    5)If every illegal that worked there became a citizen paying taxes it would dramatically increase revenue,
    But what do I know,I'm just a clueless socialist liberal from a backwards foreign country.:innocent:
  16. Lue C Fur

    Lue C Fur Evil member

  17. klein

    klein Für Meno :)

    Well, Lucy, kinda great to see your on the Obama Administration side this time.
    You rather see Canada losing it's fight against a Global Bank Tax, and the US get it's way and enforces it.

    But, it seems it's not even a political issue in the US anyways. Thought it would give the tea party and reps some firepower, but, I guess they must be for this new tax as well.
    Actually, every company should put that tax on thier products. So, a GM and Chrysler bailout will never be needed again.
    And why stop there ?
    Maybe Las Vegas should implement a simular tax, too, and build up a slush fund ? If you lose, you get your money back !

    Do you understand now, why "social liberal" Canada is against it ?
    Probably not, because your whole political attitude towards Canada would need to change, and that's almost impossible.

    Isn't it bad enough, your governments don't have fiscal responsibility skills ?
    Now you want the banks to follow suit ?

    Part of the reason, Canada has the strongest currency on the planet !
  18. 1989

    1989 Well-Known Member

    Maybe all we need is to expedite bankruptcy laws. The liquidation of assets will pay for the process.