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Month: November 2011

If You Could Choose, Where Would All Your Tax Dollars Go?

… what would it be?

I had a great conversation with Dave Klassen (who owns and operates Newport Landscaping) recently about taxes. It all started when I mentioned that I listen to CBC radio. In Dave opinion thought CBC is a complete waste of the tax payers money. Which brought me to a great question: If we only had one choice of dedicating our taxes to just one cause within the state, what would you want it to be?

At first we came up with job creation, and I think this would be the first choice for most people. But thinking about it further, I don’t trust people and the government enough to not just create jobs through tax funding that are only sustained by the input of tax money.

My final conclusion was, that I would want all my tax money to go towards manufacturing and innovation to boost productivity, so that Canada can compete internationally and sell its products abroad. In essence, isn’t that the only way that we can really increase this countries net worth?

This is all I wanted to leave you with today. Think about it: If you had the choice, where would you want all your tax dollars to go to?

As further reading, I recently found a great article in the Globe and Mail. It is titled: “Canada’s Innovation Window of Opportunity”

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