What is the middle class
Ranking
Quotes
Household income
CPC Tax Cuts
Top 1%
Middle Class comments
Other sources
The presentation will look at the top 1%, Guarantee Income, Scandinavia, Income Tax rates, etc
3. Paul Young - Presenter
Bio
• CPA/CGA
• 25 years of experience in Academia, Industry and Financial solutions
• Youtube Channel -
https://www.youtube.com/channel/UCAArky1bAXPSuV2NLtUnyLg
4. Agenda
• What is the middle class
• Ranking
• Quotes
• Household income
• CPC Tax Cuts
• Top 1%
• Middle Class comments
• Other sources
5. Who is the middle class
• Individuals who fall between the working class and the upper class
within a societal hierarchy. In Western cultures, persons in the middle
class tend to have a higher proportion of college degrees than those
in the working class, have more income available for consumption
and may own property. Those in the middle class often are employed
as professionals, managers and civil servants.
11. Comments/Middle Class
• NDP and Liberal Comments - http://www.torontosun.com/2015/08/15/trudeau-and-mulcair-selling-a-fantasy-to-the-middle-class or http://www.cbc.ca/news/politics/trudeau-speech-
chamber-commerce-1.3513939
• I hear the same comments that Harper has killed the middle class when it is has been bad provincial policies led by various provincial government that felt social policy at all costs is
the solution to run their various budgets. Here are facts/videos on the middle class - https://www.youtube.com/watch?v=xqLDHQ-iJU8 (is this a lie?
or https://www.youtube.com/watch?v=yOl37VcG89c (is this a lie? - http://globalnews.ca/.../tax-cuts-since-2005-net.../ (is this a lie?) or
http://www.slideshare.net/paulyoungcga/taxation-policies (are my slides 8-11 wrong).
• I hear that the above information is wrong, but no one refutes that my information is wrong via providing facts that support socialism is working in Canada.
• BTW: Hiking the corporation tax to 18-22% range will add 2-8% more to cost of your iPhone, iPad, Clothes, transit passes, food, beer, wine, etc.
http://www.slideshare.net/paulyoungcga/corporation-taxation-canada-44675640. BTW – Where does Mulcair stand on Corporate tax? Oops, Mulcair cannot remember the rate:
http://www.canadianmanufacturing.com/financing/ndp-leader-mulcairs-corporate-tax-policy-needs-clarity-150026/. This about month old and we still have no response on rates,
why?
• NDP/Economy - http://news.nationalpost.com/news/canada/canadian-politics/b-c-economy-stagnates-under-ndp-rule-report
• Justin Trudeau cannot even tell you who makes up the middle class - https://www.youtube.com/watch?v=5WHIS3w4wn4
• How about childcare: http://www.iedm.org/fr/2821-quebecs-failed-child-care-model
• I thought Harper is bad news, right? If so, how come Canada is one of the most admired countries in the world: http://www.ctvnews.ca/canada/canada-ranked-as-most-admired-
country-in-the-world-report-1.2470040
• Canada also has done well compared to its peers across the world - http://www.bmonesbittburns.com/economics/forecast/int/intmodel.pdf
• Canada is seeing shift up the ladder in terms of income/wealth, but no comment, why? http://www.theglobeandmail.com/report-on-business/top-business-stories/canadians-scale-
the-income-ladder-with-the-best-of-them/article25533315/?click=sf_globefb
• Remind me again why we should change to either Mulcair or Trudeau government as the facts do not align with their policies! http://www.torontosun.com/2015/08/15/trudeau-and-
mulcair-selling-a-fantasy-to-the-middle-class
• FYI – Canada is still one of the best countries in the world - http://news.nationalpost.com/news/canada/canada-named-the-country-with-the-best-reputation-by-global-survey-again
or https://ca.news.yahoo.com/blogs/dailybrew/canada-tops-the-world-as-most-reputable-country-021908756.html
• FYI – Taxing the richest - http://www.cbc.ca/news/canada/new-brunswick/higher-taxes-on-rich-may-miss-revenue-targets-experts-say-1.3031842 or
https://www.youtube.com/watch?v=pICUvNi95AY
• FYI – Liberal Platform - http://news.nationalpost.com/full-comment/kelly-mcparland-liberal-release-budget-plan-now-they-need-to-hope-no-one-reads-it
• FYI – CPC/Fiscal Management - https://www.youtube.com/watch?v=1lyOaeBYV6w
• FYI – Harper has no control over areas like hydro rates - http://laws-lois.justice.gc.ca/eng/const/page-4.html