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Government Policies Impact
on Economy
By: Paul Young, CPA, CGA
Disclaimer
• This presentation is one opinion of Government Policies on Economy
Paul Young - Presenter
Bio
• CPA/CGA
• 25 years of experience in Academia, Industry and Financial solutions
• Youtube Channel -
https://www.youtube.com/channel/UCAArky1bAXPSuV2NLtUnyLg
Agenda
• What is Government Policies
• Government Taxation
Government policies
• Laws and Regulation
• Taxation
• Infrastructure
• Environmental
• Education
• Hydro
• Education
• Skills & Development
Government Role
• Government collects revenue
• Corporate Tax
• Personal
• Payroll Taxation
• Consumption Taxation
• Government supports social and public safety programs
• Education
• Healthcare
• Public Safety
• Public Works
• Child Care
Government / Assessment
• Government does not work in competitive marketplace
• Market price do not set how social programs are paid out
• Government restraint
• Compensation/benefits/pensions reforms
Impact of Taxation Policies / Business
• Payroll Taxation
• Corporate Taxation
• Excise Taxes
Consumption Taxation
• Consumption Taxation
Product Cost
• Labor (Payroll costs)
• Overhead/Material (Excise & Duties)
• Corporate taxes reduce net income that can be
either distributed to shareholders (dividends)
or retained for business investment
Selling Price
• Consumption taxes bump up the selling price
Consumer spending accounts for about 2/3 of GDP for a
country
Impact Taxation Policies/Personal
• Lower after tax income
• Less money for consumer spending
• Less money for retirement savings
Competitive marketplace
• Marketplace
• Very competitive
• Business need to watch their costs
• Red Tape cost business money
• Countries depend on International Trade
Other Sources
• Canada –vs- Scandinavia -
https://www.youtube.com/watch?v=Y2jobYcTsXY
• Keynesian Economics – https://www.youtube.com/watch?v=ck-
3DRg9Oto
• FIPA - https://www.youtube.com/watch?v=aig1N_iv39o
• Consumer Pricing 101 -
https://www.youtube.com/watch?v=BpbipQHSO3w
• Global Stimulus - https://www.youtube.com/watch?v=k0up1vV1eTU
• Negative Interest -
https://www.youtube.com/watch?v=NUsVDkYvgzc

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Impact of government policies on economy

  • 1. Government Policies Impact on Economy By: Paul Young, CPA, CGA
  • 2. Disclaimer • This presentation is one opinion of Government Policies on Economy
  • 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 Government Policies • Government Taxation
  • 5. Government policies • Laws and Regulation • Taxation • Infrastructure • Environmental • Education • Hydro • Education • Skills & Development
  • 6. Government Role • Government collects revenue • Corporate Tax • Personal • Payroll Taxation • Consumption Taxation • Government supports social and public safety programs • Education • Healthcare • Public Safety • Public Works • Child Care
  • 7. Government / Assessment • Government does not work in competitive marketplace • Market price do not set how social programs are paid out • Government restraint • Compensation/benefits/pensions reforms
  • 8. Impact of Taxation Policies / Business • Payroll Taxation • Corporate Taxation • Excise Taxes Consumption Taxation • Consumption Taxation Product Cost • Labor (Payroll costs) • Overhead/Material (Excise & Duties) • Corporate taxes reduce net income that can be either distributed to shareholders (dividends) or retained for business investment Selling Price • Consumption taxes bump up the selling price Consumer spending accounts for about 2/3 of GDP for a country
  • 9. Impact Taxation Policies/Personal • Lower after tax income • Less money for consumer spending • Less money for retirement savings
  • 10. Competitive marketplace • Marketplace • Very competitive • Business need to watch their costs • Red Tape cost business money • Countries depend on International Trade
  • 11. Other Sources • Canada –vs- Scandinavia - https://www.youtube.com/watch?v=Y2jobYcTsXY • Keynesian Economics – https://www.youtube.com/watch?v=ck- 3DRg9Oto • FIPA - https://www.youtube.com/watch?v=aig1N_iv39o • Consumer Pricing 101 - https://www.youtube.com/watch?v=BpbipQHSO3w • Global Stimulus - https://www.youtube.com/watch?v=k0up1vV1eTU • Negative Interest - https://www.youtube.com/watch?v=NUsVDkYvgzc