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Toronto Passions

The Ecomony

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jumpingjackflash

Reviewer
Joined Jan 7, 2010
Messages 2,941
The economy after July, what do you all think? Everything is going up, insurance, taxes (HST), food, gas, most of our everyday utilities ect.... I think we are going to be pulled down a bit as the public's confidence begins to drop by the waist side.
 

Lou Pole

Well-known member
Joined Feb 13, 2010
Messages 110
I am retired own a building with tenants, the Government won't let me increase their rent by an extra 3%. Why do the owners get screwed here?
 

jagger

Well-known member
Joined Feb 7, 2010
Messages 173
Lou Pole said:
I am retired own a building with tenants, the Government won't let me increase their rent by an extra 3%. Why do the owners get screwed here?

Tenants have more power than landlords?, something wrong with this picture?.
 

anonanon

Well-known member
Joined Mar 27, 2010
Messages 316
Don't worry, they won't hear a peep from me....:p

Besides, doesn't the government need the money more than you and I do? LOL...
 

Raiden

Reviewer
Joined Nov 6, 2009
Messages 6,565
Between the 3 levels of Government you can always be sure one of them will be taking more of our money and keep blaming one another for the reason why it has to be done.
 
B

Beenthere123

Guest
Are we not one of the most taxed Country in the world?, who would know that answer.
 

Honcho

Well-known member
Joined Feb 25, 2010
Messages 62
Here you go Bt123

These tax rates are based on findings for 2006 and look at the average percentage of total taxes paid on earnings (income, social security, health care, etc).
10)Poland-43.7%
9)Finland-44.1%
8)Netherlands-44.4%
7)Italy-45.2 %
6)Sweden-47.9%
5)Austria-48.1%
4)France-50.2%
3)Hungary-51.0%
2)Germany-52.5%
1)Belgium-55.1%!
 

art of happiness

Well-known member
Joined Feb 8, 2010
Messages 56
Lou Pole said:
I am retired own a building with tenants, the Government won't let me increase their rent by an extra 3%. Why do the owners get screwed here?

The governement contract economist consultants that crunch (2 + 2) - 1 equations to find an economic equallibrium. It's all about checks n' balances. The thinking goes, if landlords are allowed to indiscriminately jack up monthly rent fee's, tenants will have less disaposble income to spend on other things and industry's will suffer accordingly eg. textiiles, restaurants/entertainment etc.
 
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