14 thousand thousand thousand
Or you can call it $14 billion.
With the federal Conservatives paying off $14 billion in debt, there are two things I can expect:
1. My generation got really screwed by the previous generation for leaving us this massive debt to pay off with a continued high tax regime.
2. Hopefully my taxes that are paying down this debt won't be has high as my children's.
But I doubt the latter will prevail as I note the situation in Alberta, where since the debt has been paid off, there have been absolutely no tax reductions, other than seniors who don't have to pay health insurance premiums anymore. Now we find out today from the Alberta Auditor General that political staffers are getting insane bonuses, a couple MLAs got paid for no work done on a trip to Idaho, expenses are racked up, and the big whopper... that the province (read: taxpayer) has been short-changed up to $6 billion (that's 6 thousand thousand thousand) in oil and gas royalties over the past several years.
This article says it all.
I'd like to add that no social engineering or program can help a middle to low income person or family more than them simply keeping more of their OWN hard earned money other than lower taxes.
In conclusion:
WE ARE GETTING ROYALLY SCREWED BY OUR GOVERNMENTS.
THEY ARE STEALING OUR MONEY. AND IT'S GOT TO STOP.
1 comment:
yup and what takes the cake is that they wouldn't budge on our cost of living raise from a couple percent ~ it had to go to a mediator and so while we do get a raise, it is less than the cost of living increase in this province. sigh. shakes head and bends over ...
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