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COVID-19 bill would give Liberals power to raise taxes

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  • COVID-19 bill would give Liberals power to raise taxes

    OTTAWA — The Liberal government will table emergency legislation on Tuesday that would equip Finance Minister Bill Morneau with far-reaching powers to raise taxes up until the end of 2021, and bail out companies without apparent limitations, according to a draft of the bill obtained by the National Post.

    The bill, tabled in response to the COVID-19 pandemic, would allow cabinet to create, remove or modify any tax through regulations, and therefore without the approval of Parliament. It would also give Ottawa the authority to “purchase or hold a company’s shares,” offer new lines of credit, and guarantee pools of debt without the need for new legislation, according to the draft. It would allow the health minister to, in effect, break patents on medical devices that might need to be made urgently.


    https://nationalpost.com/news/covid-...il-end-of-2021

    Absolutely outrageous!

    The excuse is that Parliament wouldn't be able to sit because of the virus, wah, and so they wouldn't be able to hold votes on these draconian things, wah, and I guess none of them have ever heard of Skype or whatever is out there that allows a lot of people to confer together over the internet.

    I am absolutely disgusted by this PM and his Liberal money grubbers.


    Securely anchored to the Rock amid every storm of trial, testing or tribulation.

  • #2
    The crisis is pretty much a free-for-all for government overreach and power. It's happening everywhere, both the right and left, in multiple countries. US DoJ is trying to get power to suspend habeas corpus. "Never let a crisis go to waste."

    Comment


    • #3
      Nancy Pelosi tried to push through a 1400(!) page bill basically designed to give the Democrats everything on their wishlist.
      Some may call me foolish, and some may call me odd
      But I'd rather be a fool in the eyes of man
      Than a fool in the eyes of God


      From "Fools Gold" by Petra

      Comment


      • #4
        Originally posted by mossrose View Post
        OTTAWA — The Liberal government will table emergency legislation on Tuesday that would equip Finance Minister Bill Morneau with far-reaching powers to raise taxes up until the end of 2021, and bail out companies without apparent limitations, according to a draft of the bill obtained by the National Post.

        The bill, tabled in response to the COVID-19 pandemic, would allow cabinet to create, remove or modify any tax through regulations, and therefore without the approval of Parliament. It would also give Ottawa the authority to “purchase or hold a company’s shares,” offer new lines of credit, and guarantee pools of debt without the need for new legislation, according to the draft. It would allow the health minister to, in effect, break patents on medical devices that might need to be made urgently.


        https://nationalpost.com/news/covid-...il-end-of-2021

        Absolutely outrageous!

        The excuse is that Parliament wouldn't be able to sit because of the virus, wah, and so they wouldn't be able to hold votes on these draconian things, wah, and I guess none of them have ever heard of Skype or whatever is out there that allows a lot of people to confer together over the internet.

        I am absolutely disgusted by this PM and his Liberal money grubbers.
        This is literally taxation without representation.


        Securely anchored to the Rock amid every storm of trial, testing or tribulation.

        Comment


        • #5
          What better way to "Nationalize" everything in a supposedly Democratic Republic?
          The first to state his case seems right until another comes and cross-examines him.

          Comment


          • #6
            Originally posted by mossrose View Post
            OTTAWA — The Liberal government will table emergency legislation on Tuesday that would equip Finance Minister Bill Morneau with far-reaching powers to raise taxes up until the end of 2021, and bail out companies without apparent limitations, according to a draft of the bill obtained by the National Post.

            The bill, tabled in response to the COVID-19 pandemic, would allow cabinet to create, remove or modify any tax through regulations, and therefore without the approval of Parliament. It would also give Ottawa the authority to “purchase or hold a company’s shares,” offer new lines of credit, and guarantee pools of debt without the need for new legislation, according to the draft. It would allow the health minister to, in effect, break patents on medical devices that might need to be made urgently.


            https://nationalpost.com/news/covid-...il-end-of-2021

            Absolutely outrageous!

            The excuse is that Parliament wouldn't be able to sit because of the virus, wah, and so they wouldn't be able to hold votes on these draconian things, wah, and I guess none of them have ever heard of Skype or whatever is out there that allows a lot of people to confer together over the internet.

            I am absolutely disgusted by this PM and his Liberal money grubbers.
            We down here on this side of the border have never had the problem with high taxes, whether from the liberals of the conservatives, Christians or heathens, are in power.

            Comment


            • #7
              Originally posted by simplicio View Post
              We down here on this side of the border have never had the problem with high taxes, whether from the liberals of the conservatives, Christians or heathens, are in power.

              I'm always still in trouble again

              "You're by far the worst poster on TWeb" and "TWeb's biggest liar" --starlight (the guy who says Stalin was a right-winger)
              "Overall I would rate the withdrawal from Afghanistan as by far the best thing Biden's done" --Starlight
              "Of course, human life begins at fertilization that’s not the argument." --Tassman

              Comment


              • #8
                Originally posted by Slick06 View Post
                Considering that each and every move by a government is seen as some draconian power grab of apocalyptic proportions, the look back at our history is appropriate: Each period has seen sharp increases on spending. A look at spending cannot differentiate the conservative from the liberal. The Canadian economy did pretty well in comparison to the US in the '08 recession, in spite of the socialist tendencies up north.

                But the dire predictions have failed to come to fruition. From Nixon's administration on, we have had the same drumbeat of gloom and doom on spending.
                Last edited by simplicio; 03-24-2020, 04:34 AM.

                Comment


                • #9
                  Originally posted by Cow Poke View Post
                  What better way to "Nationalize" everything in a supposedly Democratic Republic?
                  A very cogent and informed opinion, based on rationality. And not in any way trolling, of course.

                  Comment


                  • #10
                    Originally posted by mossrose View Post
                    This is literally taxation without representation.
                    Start a war. That worked for us.
                    Curiosity never hurt anyone. It was stupidity that killed the cat.

                    Comment


                    • #11
                      Originally posted by Cow Poke View Post
                      What better way to "Nationalize" everything in a supposedly Democratic Republic?
                      And the MSM is playing right into it! At the press conference the other day the press was asking Trump why he hasn't used the DPA to nationalize various industries!

                      Luckily Trump isn't on that bandwagon, he told them that Nationalizing business is bad, just look at Venezuela. He wants companies to step up and do the right thing, and he said many are, volunteering to switch production to masks, resperators and other required products.

                      Makes sense anyway, if you have a company right now making something people aren't buying, like cars, then you are better off making a product that people do need, like respirators, which is what Ford said they are going to do. That way you keep your people employed and you are making money.

                      Comment


                      • #12
                        Originally posted by Sparko View Post
                        And the MSM is playing right into it! At the press conference the other day the press was asking Trump why he hasn't used the DPA to nationalize various industries!

                        Luckily Trump isn't on that bandwagon, he told them that Nationalizing business is bad, just look at Venezuela. He wants companies to step up and do the right thing, and he said many are, volunteering to switch production to masks, resperators and other required products.

                        Makes sense anyway, if you have a company right now making something people aren't buying, like cars, then you are better off making a product that people do need, like respirators, which is what Ford said they are going to do. That way you keep your people employed and you are making money.
                        EGGzackly. I think it's far better to encourage the volunteering to adapt than to demand it. It's human nature to do a better job when we're doing what we WANT to do than what we HAVE to do.
                        The first to state his case seems right until another comes and cross-examines him.

                        Comment


                        • #13
                          Originally posted by simplicio View Post
                          Considering that each and every move by a government is seen as some draconian power grab of apocalyptic proportions, the look back at our history is appropriate: Each period has seen sharp increases on spending. A look at spending cannot differentiate the conservative from the liberal. The Canadian economy did pretty well in comparison to the US in the '08 recession, in spite of the socialist tendencies up north.

                          But the dire predictions have failed to come to fruition. From Nixon's administration on, we have had the same drumbeat of gloom and doom on spending.

                          Uh, the government of Canada in 2008 was the Conservative party led by the best PM we've ever had, Stephen Harper. Maybe that's why we survived the recession then.


                          Securely anchored to the Rock amid every storm of trial, testing or tribulation.

                          Comment


                          • #14
                            Originally posted by mossrose View Post
                            Uh, the government of Canada in 2008 was the Conservative party led by the best PM we've ever had, Stephen Harper. Maybe that's why we survived the recession then.
                            And maybe Harper had superpowers!

                            The banking policies were in place long before 08, which is why the Canadian market was more resilient, whereas we embarked on a course of loosening the fiduciary responsibilities pf the banking industry. The housing sector did not have the same level of foreclosures, the investment banks did not become not insolvent.

                            Comment


                            • #15
                              It appears that after pushback yesterday by the public and the other parties that the Libranos have withdrawn that part of the legislation. Little Justin said it was "only for consideration", yeah right.

                              They'd like nothing better than to have a blank cheque handed to them.

                              By the by, the carbon tax on my $75 natural gas bill this month is $28. Little Justin is increasing it on April 01.

                              Yippee.


                              Securely anchored to the Rock amid every storm of trial, testing or tribulation.

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