[Newsbot]

Title: Cash-strapped Canadians put less into TFSAs in 2016, survey finds
Category: Economics
Posted By: shockedcanadian
Date: 2017-02-23 11:47:35
Canadian

[shockedcanadian]

To quote one of my favourite movies: "it's like a nightmare, and it keeps getting worse".

[BartSimpson]

When you pay more for taxes and your income doesn't go up then the amount you have for savings decreases.

No big shock there.

[herbie]

Yeah, we could be making $2 a year tax free if we saved those carbon taxes...

[Thanos]

Maybe the wild non-stop increases in the cost of every single one of life's basics over the last fifty years have something to do with it. Hmmm, we need a tax hike to cover the costs of a commission to study this phenomena.

[herbie]

We have those multimillion dollar commissions.
They told us food prices went up 1% when meat doubled.
Told us how much we saved when oil went to 1/3 it's value and gas went down to 4/5th.
Saved us with regulations so those $25,000 cell phone bills are only in the news weekly instead of daily.
The $100 ladder I got when the dollar was at 90c is now $229 'on sale' with the buck at 75c.

But NOOOO it's all about taxes....

[Thanos]

Either way anyone who isn't rich gets fucked as usual.

[herbie]

But there's hope on the horizon
Those MSP premiums the BC Libs doubled over the last few years will be cut in half NEXT year, if we re-elect them in May!

[Lemmy]

U

[uwish]

Lemmy Lemmy:

Thanos Thanos:

Maybe the wild non-stop increases in the cost of every single one of life's basics over the last fifty years have something to do with it. Hmmm, we need a tax hike to cover the costs of a commission to study this phenomena.

Except there's been near zero inflation across the board over the past 20 years. Your perception is a misconception. And that should be a rap lyric.

That is a completely BS statement http://www.inflation.eu/inflation-rates ... anada.aspx

clearly the average inflation rate over the past 20 years is ~2%

[Lemmy]

F

[uwish]

once again you have demonstrated a complete lack of basic financial literacy. You really are making yourself look foolish.