Trudeau resigns.

[Red Squirrel]

I knew I was going to get some BS response like that.

Reality is whatever money you make past a certain tax bracket, you get less of it. So for a certain amount of productivity, overall, you're getting less per unit of production. If you work twice as hard, you're not getting twice as much in return.

 

[IronWing]

I knew I was going to get some BS response like that.

Reality is whatever money you make past a certain tax bracket, you get less of it. So for a certain amount of productivity, overall, you're getting less per unit of production. If you work twice as hard, you're not getting twice as much in return.

Your tax rate went down under Trudeau.

 

[Brainonska511]

I knew I was going to get some BS response like that.

Reality is whatever money you make past a certain tax bracket, you get less of it. So for a certain amount of productivity, overall, you're getting less per unit of production. If you work twice as hard, you're not getting twice as much in return.

Marginal utility.

 

[brycejones]

I knew I was going to get some BS response like that.

Reality is whatever money you make past a certain tax bracket, you get less of it. So for a certain amount of productivity, overall, you're getting less per unit of production. If you work twice as hard, you're not getting twice as much in return.

Ignore higher tax brackets.

Also it appears we've already established the percentage of your income you pay in taxes has stayed the same or even declined over the last 10 years.

Your income isn't keeping up with inflation. So you have two choices:

1. Upskill and increase your earning potential.
2. Keep your same skills and advocate for ensuring that you are rewarded with higher pay as productivity improves. (This is how real wage growth happens),

So I ask you again:

What are you going to do? How do you think voting for business friendly conservative politicians is going to help you get a bigger share of productivity increases than you are getting now?

 

[sdifox]

Salaries were lower......

Is your issue taxes have increased or your wages haven't kept up with inflation?

His income cannot keep up with his wants.

 

[Fenixgoon]

I knew I was going to get some BS response like that.

Reality is whatever money you make past a certain tax bracket, you get less of it. So for a certain amount of productivity, overall, you're getting less per unit of production. If you work twice as hard, you're not getting twice as much in return.

And if you go from $500M to $1B, your life doesn't become twice as easy.

But going from 20k to 40k, or 40k to 80k, sure as hell makes a huge difference

 

[nakedfrog]

I'm actually starting to wonder if Red has some level of dyscalculia, he straight-up just has a bad relationship with numbers (and therefore, money).

 

[Brainonska511]

I'm actually starting to wonder if Red has some level of dyscalculia, he straight-up just has a bad relationship with numbers (and therefore, money).

 

[sdifox]

Now that Nutty Squirrel knows his taxes were reduced by Justin Trudeau, he would surely vote Liberal.

 

[KMFJD]

Now that Nutty Squirrel knows his taxes were reduced by Justin Trudeau, he would surely vote Liberal.

but he also wants to vote for the people that where for the carbon tax, what gives?

LILLEY: Poilievre ran in favour of carbon taxes multiple times in his career

The record of all of the Conservative leadership candidates on carbon taxes is not as clear as they would have you believe.

torontosun.com

 

[sdifox]

Poilieve would say anything if he thinks it can help him win. Zero principle. I don't like Harper but at least he is consistent. PP is a moral relativist.

 

[[DHT]Osiris]

Even if you manage to get promoted over the years and make more money, it just places you in a higher tax bracket so whatever money extra you're making is much smaller and in the end it's mostly just a wash. Still means less disposable income if everything costs more and you're only making a tiny bit more. Unless you end up in a super high end position making high 6 figures, but it also means working 80+ hour weeks at a very stressful job. The days of working a regular working class job, and having lot of extra money, are over.

If you're working 80 hour weeks, you're doing something wrong or have found yourself in a very precarious position.

 

[Red Squirrel]

If you're working 80 hour weeks, you're doing something wrong or have found yourself in a very precarious position.

I'm not, but if you want a job that "keeps up with inflation" like some suggest then that's what you need is to either work a much harder job such as become a lawyer or doctor, or work a job that has more hours like some sort of executive position or maybe lineman which can get lot of OT during storms. Companies are being squeezed just as hard as we are when it comes to costs of living they're not just going to raise salaries for fun, they will expect you to work for it.

 

[MrSquished]

I really really hope red squirrel has the worst year of his life. That would be just such karmic Joy.

 

[Brainonska511]

Plenty of jobs were keeping up or beating inflation without needing to be some highly educated doctor or lawyer.

But turns out the downside to living in the middle of nowhere is less economic opportunity, which means fewer jobs, and fewer employers competing for talent.

 

[[DHT]Osiris]

I'm not, but if you want a job that "keeps up with inflation" like some suggest then that's what you need is to either work a much harder job such as become a lawyer or doctor, or work a job that has more hours like some sort of executive position or maybe lineman which can get lot of OT during storms. Companies are being squeezed just as hard as we are when it comes to costs of living they're not just going to raise salaries for fun, they will expect you to work for it.

Speaking as someone who has struggled most of my life financially, if you're in this position, you either aren't educated enough or don't have a marketable enough skillset for your area, that's it. You can 'work for it' and still pull 6 figures on 40hr/wk, trust me.

 

[Red Squirrel]

Speaking as someone who has struggled most of my life financially, if you're in this position, you either aren't educated enough or don't have a marketable enough skillset for your area, that's it. You can 'work for it' and still pull 6 figures on 40hr/wk, trust me.

Marketable skills being keyword. Ex: Doctor, lawyer, that kind of stuff. So yeah you need to work harder which is what I said. I actually make good money at a fairly easy job, but inflation just eats everything anyway. 90k doesn't go as far as it should anymore.

It's even worse in the big cities. You pretty much need to make 6 figures just to have a place to live. Not everyone is an expert enough for a job like that. They don't just hire any random person for such jobs. Need many years of university. Either way, it requires tons of very hard work. Before inflation got so bad you could have a basic job and be well off. Public sector might be the exception, they pay a lot and tend to give big raises and big pensions, but the more public sector jobs exist the worse it is for everyone else, because we all pay for that.

 

[Fenixgoon]

Marketable skills being keyword. Ex: Doctor, lawyer, that kind of stuff. So yeah you need to work harder which is what I said. I actually make good money at a fairly easy job, but inflation just eats everything anyway. 90k doesn't go as far as it should anymore.

It's even worse in the big cities. You pretty much need to make 6 figures just to have a place to live. Not everyone is an expert enough for a job like that. They don't just hire any random person for such jobs. Need many years of university. Either way, it requires tons of very hard work. Before inflation got so bad you could have a basic job and be well off. Public sector might be the exception, they pay a lot and tend to give big raises and big pensions, but the more public sector jobs exist the worse it is for everyone else, because we all pay for that.

so there are no tradespeople in cities? no small businesses like independent coffee shops? clothing stores? retail workers? artists? musicians?

 

[Red Squirrel]

so there are no tradespeople in cities? no small businesses like independent coffee shops? clothing stores? retail workers? artists? musicians?

Most of those probably live on the outskirts and drive an hour both ways. Or they need to be sharing apartments.

 

[[DHT]Osiris]

Marketable skills being keyword. Ex: Doctor, lawyer, that kind of stuff. So yeah you need to work harder which is what I said. I actually make good money at a fairly easy job, but inflation just eats everything anyway. 90k doesn't go as far as it should anymore.

IT. You don't have to be in a 8-year-degree field.

 

[Fenixgoon]

Most of those probably live on the outskirts and drive an hour both ways. Or they need to be sharing apartments.

Do you have any data to support this?

And specifically I mean the living situations of people as a function of income and geography. It's very often in census data.

But somehow, some way, cities exist and flourish. And that doesn't happen in a vacuum. You need teachers, retail workers, public sector employees, tradespeople, and so on...all to make a city work. So somehow, people do afford to live in or very near.

 

[Pens1566]

Lots of text for something that boils down to "you're living above your means".

End of discussion.

 

[JD50]

Lots of text for something that boils down to "you're living above your means".

End of discussion.

And he's being subsidized by tax payers while doing it

 

[brycejones]

It’s funny that @Red Squirrel hasn’t been able to identify programs he would cut to reduce taxes nor even attempted to answer how voting for a business friendly conservative is going to help him get a bigger chunk of productivity gains and provide a real boost to his income

 

[sdifox]

It’s funny that @Red Squirrel hasn’t been able to identify programs he would cut to reduce taxes nor even attempted to answer how voting for a business friendly conservative is going to help him get a bigger chunk of productivity gains and provide a real boost to his income

Electing PP will automagically resolve all that.