Posted on Oct 9, 2021
How much Albertans and their oil and gas sector have contributed to federal finances - Canadian...
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"How much Albertans and their oil and gas sector have contributed to federal finances - Canadian Energy Centre"
At this moment, there is no Road use tax for electric vehicles. Electric vehicles get a free ride while Americans pay high gasoline taxes in California has gasoline taxes over a $1. 25 a gallon.
Fossil fuel is a four-letter word for many environmentalists. They don't want to include nuclear or Natural Gas.
Natural gas is abundant in the USA as well as oil. It's going to take awhile before we are able to make our own solar-powered panels and Equipment because right now most of it gets made in communist China. How convenient is that?
Canada has a similar problem, many provinces in Canada despise oil even though Canada has the third largest oil Reserve in the world. The pipelines are fought tooth and nail by other provinces and by the environmental groups. They don't realize how much money the oil Revenue goes to the Canadian coffers. Getting rid of the oil industry will get rid of at least five hundred billion dollars in royalties over the years. Does this mean you're going to also start charging a road tax as well?
The broke-ass provinces of British Columbia, Ontario and Quebec use oil Revenue money from Alberta and Saskatchewan. Just think, too provinces with less than 6 million people pay the to support the other 36 million.
I am posting this so Americans can see how loyal royalties or royalties and general from fossil fuels helps with paying for things we expect with entitlements even before the entitlement Biden Administration giving free money for people who don't deserve it.
Don't let the Democrats fool you oh, nothing is free! Any of these social welfare porks packages take money from one sector to give it to another. It infringes upon Industries or people to give money to those people who do and who don't deserve it.
Canada has 1/10 the population of the USA so the oil Revenue would be the equivalent of $5 trillion dollars!
At this moment, there is no Road use tax for electric vehicles. Electric vehicles get a free ride while Americans pay high gasoline taxes in California has gasoline taxes over a $1. 25 a gallon.
Fossil fuel is a four-letter word for many environmentalists. They don't want to include nuclear or Natural Gas.
Natural gas is abundant in the USA as well as oil. It's going to take awhile before we are able to make our own solar-powered panels and Equipment because right now most of it gets made in communist China. How convenient is that?
Canada has a similar problem, many provinces in Canada despise oil even though Canada has the third largest oil Reserve in the world. The pipelines are fought tooth and nail by other provinces and by the environmental groups. They don't realize how much money the oil Revenue goes to the Canadian coffers. Getting rid of the oil industry will get rid of at least five hundred billion dollars in royalties over the years. Does this mean you're going to also start charging a road tax as well?
The broke-ass provinces of British Columbia, Ontario and Quebec use oil Revenue money from Alberta and Saskatchewan. Just think, too provinces with less than 6 million people pay the to support the other 36 million.
I am posting this so Americans can see how loyal royalties or royalties and general from fossil fuels helps with paying for things we expect with entitlements even before the entitlement Biden Administration giving free money for people who don't deserve it.
Don't let the Democrats fool you oh, nothing is free! Any of these social welfare porks packages take money from one sector to give it to another. It infringes upon Industries or people to give money to those people who do and who don't deserve it.
Canada has 1/10 the population of the USA so the oil Revenue would be the equivalent of $5 trillion dollars!
How much Albertans and their oil and gas sector have contributed to federal finances - Canadian...
Posted from canadianenergycentre.ca
Oil and Energy
Canada
Energy
Alberta
Taxes
Posted >1 y ago
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LTC (Join to see) All the closing of plants and moving them overseas is biting us in the ass now... all for the $$$... not for the workers... but the greedy Board of Directors & Stockholders. IMO...
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LTC (Join to see)
Part of it is the Biden Administration trying to entrap companies to not be able to move to other countries. They were not very successful even though Ireland is now agreeing to raise minimum price of 15%. Communist China has a taxes at 25%. State and federal taxes combined could be up to almost 50%. Top tax rate 39% under Biden versus 37% under existing law adding in state and federal taxes for California, New Jersey, New York and others will put it way higher than other countries. So you have to understand that companies will move their headquarters to save lots of money because the US is not competitive especially under the new Biden tax proposal.
"What Is President Biden's Tax Plan?" https://www.investopedia.com/explaining-biden-s-tax-plan-5080766
This is why Economist Larry Kudlow says to save America and kill the bill! President Biden was an idiot saying that we will lose our pensions if we don't approve this bill when it's just the opposite because 3.5 to 5.5 trillion dollars will cause massive inflation! Two days ago, I heard a stockbroker talking to Larry Kudlow talking about President Biden's discussion saying that not raise the debt ceiling and not approving his bill will cause chaos to pensions. That's stock broker said he spit coffee all over his keyboard because he knows the US would not default on its debt payments and 5.5 trillion dollars will only make things from bad to worse.
SFC Joe S. Davis Jr., MSM, DSL SGT (Join to see) Lt Col Charlie Brown
"What Is President Biden's Tax Plan?" https://www.investopedia.com/explaining-biden-s-tax-plan-5080766
This is why Economist Larry Kudlow says to save America and kill the bill! President Biden was an idiot saying that we will lose our pensions if we don't approve this bill when it's just the opposite because 3.5 to 5.5 trillion dollars will cause massive inflation! Two days ago, I heard a stockbroker talking to Larry Kudlow talking about President Biden's discussion saying that not raise the debt ceiling and not approving his bill will cause chaos to pensions. That's stock broker said he spit coffee all over his keyboard because he knows the US would not default on its debt payments and 5.5 trillion dollars will only make things from bad to worse.
SFC Joe S. Davis Jr., MSM, DSL SGT (Join to see) Lt Col Charlie Brown
Biden’s Tax Plan: What’s Enacted, What’s Proposed
Here’s how the Biden administration’s recently enacted tax law changes—and new corporate and individual tax proposals—do (or could) affect taxpayers.
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LTC (Join to see)
SGT (Join to see) some of those ventilators were probably made on the Canadian side Lake Superior because remember GM has plants in Windsor and Cleveland?
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LTC (Join to see)
SGT (Join to see) this has been known since the 1980s. President Clinton raise taxes on his first term in office and revenues went down, he lowered taxes in his second term and revenues went up. I learned in college that the multiplier effect is a lot better in the civilian sector than in the government so basically every cut dollar cut in taxes multiplies it by 5 while every dollar increase multiplies it by 4. I may not be accurate but that's what I learned back in college in pre-business. Democrats don't seem to understand that raising taxes on big corporations means that they pay less of their employees and they are also less competitive against other countries I have lower taxes. So companies that make products in Ireland that are at 15% total tax or communist China that has a total tax of 25% compared to California which has a total tax of approximately 50% when you include 37% now and 39% under Biden and then adding the state tax and now do you see why companies move out of state to save money? They do it because they can't compete with foreign competitors I have lower taxes.
"Laffer Curve Definition" https://www.investopedia.com/terms/l/laffercurve.asp
"Laffer Curve Definition" https://www.investopedia.com/terms/l/laffercurve.asp
The Laffer Curve is the relationship between tax rates and tax revenue collected by governments.
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LTC (Join to see) thanks my friend on the international share/read that you always provide for the RP nation, fossil fuel is worth paying attention too for the future because of price IMHO. Good read/share.
PO1 William "Chip" Nagel SGT (Join to see) Lt Col Charlie Brown SSG Michael Noll Lt Col John (Jack) ChristensenPO1 Lyndon Thomas Cpl Vic Burk SPC Margaret Higgins MAJ Dale E. Wilson, Ph.D. SGT Mark Anderson PO3 Phyllis Maynard[~ PFC David Foster Sgt (Join to see) SGT (Join to see) Sgt (Join to see) LTC David Brown PVT Mark Zehner
PO1 William "Chip" Nagel SGT (Join to see) Lt Col Charlie Brown SSG Michael Noll Lt Col John (Jack) ChristensenPO1 Lyndon Thomas Cpl Vic Burk SPC Margaret Higgins MAJ Dale E. Wilson, Ph.D. SGT Mark Anderson PO3 Phyllis Maynard[~ PFC David Foster Sgt (Join to see) SGT (Join to see) Sgt (Join to see) LTC David Brown PVT Mark Zehner
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LTC (Join to see)
I Robot - Will Smith on Motorcycle MV Agusta. [HD] Motorcycle Full Scene
I Robot - Will Smith on Motorcycle MV Agusta. [HD] Motorcycle Full Scene.Hi all!Famous gasoline motorcycle MV Agusta F4 SPR 750 shown to us in a future world...
I have no problem with modern technology and transitioning to some other fuel source but doing so only when the time is right. Look what's happening in California having rolling blackouts last summer and now the European Union suffering the same problem because they're shutting down existing nuclear plants or switching over to wind power and all of a sudden the wind stops! The analogy of a dystopian future was a Will Smith movie that came out showing if everything is computerized and there is no alternate way. Look how Will Smith had a motorcycle that was gas powered when everything was electrical in the future.
https://youtu.be/jgZrDQajYP0
SFC Joe S. Davis Jr., MSM, DSL SGT (Join to see) Lt Col Charlie Brown
https://youtu.be/jgZrDQajYP0
SFC Joe S. Davis Jr., MSM, DSL SGT (Join to see) Lt Col Charlie Brown
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LTC Kevin B. Kevin, please fix this post. Thank you for helping me last time. The link gets corrupted and only you can fix it
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