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Originally Posted by rofina
It really is.
The casino/real estate/fentanyl fiasco should more or less permanently disqualify them until the whole party is rebuilt with fresh faces and ideas.
Forget getting reelected - someone should be getting criminally charged and locked up for the gross negligence during the Liberal tenure.
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From what I've heard the NDP budget projects increasing taxes from real estate transactions and other real estate taxes every year. Since there chasing foreign buyers, trying to reduce property prices by lowering sales, etc. I don't see this happening....maybe the NDP plans to implement another tax sometimes in the future? Or bankrupt us so when the Liberals are back in power they are screwed?
As for liberals favoring the 1%...its not the 1% of Vancouverites that own homes, its over 60%. Also most aren't part of unions. You'll notice the minimum wage, average wage, average assets, pretty much every indicator of wealth has risen in Vancouver. The best graph I could find on short notice is this one URL="http://www.freedomthirtyfiveblog.com/kj4tv8dlagreat/wp-content/uploads/2013/04/13_04_median_income_vancouver.jpg"]http://www.freedomthirtyfiveblog.com/kj4tv8dlagreat/wp-content/uploads/2013/04/13_04_median_income_vancouver.jpg[/URL] you'll see the median wage has risen greatly.
Anyway for the most part that way I see it is that the Liberals tried to play both sides while the NDP has started a war between landowners and non-landowners by swiftly introducing a bunch of taxes (on landowners) and policies (hiring only unions) to penalize those who didn't vote for them.
The Liberals have come to represent the capitalists (small government) and the NDP the socialists (big government) with those who benefit from capital policies voting Liberal and those who benefit from social policies voting NDP. This is kind of wrong as the Liberals aren't strictly capitalists, but they've come to represent the alternative to the NDP's socialism.
Socialism is a great theory and has worked short-term, but usually long term you end up with less people working who work less hours as there is less benefit for each hour spent working (This is a main reason why Soviet Russia failed). You also end up with companies & people moving due to the brain drain as people take jobs in places where they benefit more from their work. Greece is a recent case that shows what happens when the government gets too big.
I understand that the NDP appeals in the short term, but history has shown that in the long term socialist polices tend to kill the economy. What pays the bills is taxes on people, and the richer people are the more taxes we get. Once we can't pay the bills we raise taxes more which ends up being a vicious cycle that ruins the economy.
In the end the Liberals can be seen as promoting policies similar to the Republicans so we can see the results of Liberal policies by comparing America before and after the election. After the election unemployment is down, the economy experienced rapid growth, stocks went up, wages haven't changed much but are projected to rise soon
https://www.bbc.com/news/business-42748243
Under the Liberals unemployment is at an extreme low. Homelessness and drug use is bad but everywhere suffers from this and it did not change when the NDP was in power (except for moving them out of sight into modular housing).
With the Liberals we know our province will continue to enjoy economic success, there will be plentiful jobs and wages will be high
. By going NDP we're taking a gamble that things won't go too far down in return for getting more social programs. I've never been a risk taker and while I agree that things weren't perfect under the Liberals I believe they were pretty good for those who worked hard.
There is a really good article here
https://www.forbes.com/sites/kenrapo.../#1ab6901f2a01 about the fall of socialist Venezula. To quote it
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While everyone argues that taxing the rich and wealthy corporations is the solution, they forget that the rich will simply hide their wealth offshore to avoid taxation. And large corporations will simply relocate their corporate headquarters to low corporate income tax jurisdictions, keeping nothing but research and development here at home. Apple did this in Ireland—case in point.
Strong economies, helped along by low taxes, bring in more money to the government. High taxes encourage tax fraud and reallocation of resources to low-tax jurisdictions and—in a global economy—offshore to other countries.
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We've done this by creating a crazy high foreign buyers tax, now there money is going elsewhere and we lose the taxes their money brought in. And if we continue the rich will leave to other provinces/countries. Socialism has failed time and time again yet we keep trying. According to the urban dictionary insanity is
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doing the exact same fucking thing over and over again, expecting shit to change
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I agree with having some socialist policies but the NDP is going crazy with it and its scaring me.
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. We'd get a lot more in taxes from a 1-3% tax, more than 5% means they go elsewhere and kills our industry. The same with the new 25% luxury car tax. We like to feel like we are punishing the rich or foreigners but we need to remember that the money spent on luxury goods is going to people who aren't rich. Your causing people to lose jobs and these taxes won't result in higher taxes because people will either avoid luxury taxes or buy them elsewhere.
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