Friday, September 16, 2005

What A Crock

Dispelling The Budget Surplus Myth


Every time I hear the government discuss budget surpluses, my blood pressure rises 50%. They don’t fool me – and I hope they don’t fool you either.

When it comes to the federal government, the word surplus means overtaxation - plain and simple. (Heck, even Miriam Webster dictionary agrees with me).

Surplus:
1 a : the amount that remains when use or need is satisfied
b : an excess of receipts over disbursements
2 : the excess of a corporation's net worth over the par or stated value of its capital stock

Overtaxation:
1 : so as to exceed or surpass
2 : EXCESSIVE
3 : to an excessive degree

Many Canadians don’t understand that a budgetary surplus isn’t necessarily a good thing. And how do we know this? Because if they did, there would be an outcry from Canadians – and there isn’t.

But if you give it a bit of thought to the meaning of the words, you quickly understand that the feds dip into your pocket more than required and you pay a hefty price.

Canadians this year will work 177 days to “feed the appetite” of all three orders of government, chewing up 48 per cent of average annual household income, according to CTF federal director John Williamson.
Don’t be confused. The feds aren’t a “for profit” business. Any surplus is an indication of poor forecasting of revenues and expenditures or an outright attempt to steal your money. Unfortunately, the truth is that the feds take your money because they can.

Canadians, on average, are notoriously silent when it comes to taxes and they have been brainwashed into believing it. “It’s the Canadian Way”, states Paul Martin, and many buy into that mantra.


So what can you do? You can start by educating your friends and family on what surplus really means. You can also email or write your MP telling them you are tired of being pillaged in the pocketbook and that you hold them accountable (regardless of affiliation) for the outrageous level of taxation being foisted on you.

11 Comments:

At Fri Sep 16, 11:42:00 AM MDT, Blogger Taylor said...

Greg!

Excellent content, you are definitely on the right track. Keep up the great work. We enjoy what you both do.

Tylor & Teri

 
At Fri Sep 16, 12:34:00 PM MDT, Blogger TonyGuitar said...

Yes, agreed, and you can help insure that hundreds of millions of those ill- gotten tax revenues are not drained away by insisting..by Email that..

Whistle-Blower Protection Bill C-11 is enactied with adequate authority and penalty strengths to make it truely effective. [It's in process now].

You will quite enjoy the insight about it and how important is by reading CPC feedback that came to me personally, at BendGovt.blog.ca

This sure made me understand how important WB law is. The USA is struggling with it now, as is the UN. The FFO, food for oil scandal at the UN would have been stemmed or prevented all together had WB law been in place.

I like your website, looks great, your ideas and your clear expression. Meet you at SmallDeadAnimals some time and yes, it's good to have Greg join us. 73s TonyGuitar

 
At Fri Sep 16, 12:55:00 PM MDT, Blogger Justthinkin said...

Welcome Greg...good choice for your fisrt post! Unfortunately,to many sheeple here in Canucklehead land can so easily be bought with a rebate or some such foolishness.They never seem to realize IT IS OUR MONEY.
That expression,tax me,I'm Canadian, holds more truth then most people like to admit.
Right now,you can move over the border to SeaTac,in the 2nd heaviest taxed state in the union,and automatically get a 31% payraise,just from lower taxes! Chew on that one for awhile!!

 
At Fri Sep 16, 01:23:00 PM MDT, Blogger Paul said...

Excellent topic and very truthful. Everytime I see a politician on the news touting a new project I immediately try to keep my wallet from being taken from my pants once again.
To run surpluses though, is ridiculous and I've never gotten a check back because they couldn't figure out how to return it equitably to begin with. So, they'll put it in the corner and eye it covetously until one of them thinks of a bright idea to spend it on. And one certainly will.

 
At Fri Sep 16, 05:20:00 PM MDT, Blogger ABFreedom said...

Right on and welcome Greg, you two make a great team, now if we could just get some of this published in MSM .. :(

 
At Fri Sep 16, 07:27:00 PM MDT, Blogger W.L. Mackenzie Redux said...

how can you have a surplus with a 3/4 of a trillion dollar debt?

It's all a contrived smoke screen for the sheeple. Just keep you head down and graze an ignore the man with the shears...baaaaaa.

 
At Fri Sep 16, 07:27:00 PM MDT, Blogger W.L. Mackenzie Redux said...

how can you have a surplus with a 3/4 of a trillion dollar debt?

It's all a contrived smoke screen for the sheeple. Just keep you head down and graze an ignore the man with the shears...baaaaaa.

 
At Fri Sep 16, 09:47:00 PM MDT, Blogger sheila said...

Nice post Greg - I like your thoughts but ... I'm with W.L. What suprus when we're morgaged well into the future. The least they could do is pay down this debt. This whole thing is a joke and they shouldn't talk about a surplus when our children's children will be paying for previous government excesses.

 
At Sat Sep 17, 12:19:00 AM MDT, Blogger Ed said...

Worse than that Sheila... the last I saw, the Liberal Party's plan to pay down the debt would have Canada debt-free in the year 2193. Your great-great-great-great-great-great-great-grandchildren would be making the final payments.

 
At Sat Sep 17, 12:27:00 AM MDT, Blogger Candace said...

2193??? yikes.

Excellent post & welcome, Greg

 
At Sat Sep 17, 09:16:00 AM MDT, Blogger Greg said...

Thanks everyone for the warm welcome. Gosh, I wasn't expecting such an overwhelming response ... I am humbled.

I can't take credit for it all because my wife helped me set up and add the graphics.

The challenge now is to get your great ideas out to the rest of the people. I would like to use some of your ideas and suggestions and pass them along to Rick Bell at the Calgary Sun. While I can't guarantee that he will respond, there is nothing to lose by trying!

Thanks again everyone. I'll "see" you all again soon and will report back on any progress made with Rick Bell.

 

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