@JohnG8828772208@Polymarket Taxes are way lower in Canada and no tariffs. Low cost abundant electricity, plentiful cheap commodities and most educated workforce. Healthcare paid by income tax not business. Lower dollar gives 40% advantage.
We just announced Canada’s new Productivity Mega Deduction.
This cuts Canada’s marginal effective tax rate from 13% to 6.4% on new business investment — the lowest of any major economy in the world.
Canada is building big — and becoming the best place in the world to build.
More here: https://t.co/hlPD31AVnz
@oak_shingle@Mast3rmo@ColinHartl@unusual_whales Its going to zero collected if they dont lower it. But they need the cuts focused at manufacturers who might be looking to leave, or US ones looking to escape the tariffs in US
@ColinHartl@Mast3rmo@unusual_whales On the upper tier its 54%. Like you have 46 cents left to pay property taxes, gas taxes, fees, etc. Like if you make $400k you can save $100k a year by relocating to US or even more elsewhere like Bahamas. We are being greedy and wealthy leave, burdening the remainder
@Mast3rmo@ColinHartl@unusual_whales It's got to be targeted at two things:
1. Manufacturers who are suffering under tariffs and taxes in US to relocate their export arms to Canada
2. Bring commodity projects that are engineered and built and run in Canada
@ColinHartl@unusual_whales It's X. I voted Conservative all my life and try to keep off X. I think of them as PPC type voters - very vocal and anti liberal no matter what. But as a centered Conservative, I will cheer on any good policy by government. This is exactly what Canada needs to do. Exactly.
@chewpok@TheSeditionists@unusual_whales Give me a break! This will increase investment which translates to more jobs and wage growth. Just because you are against LPC doesn't mean this isn't a home run