The primary goal of this site is to provide mature, meaningful discussion about the Vancouver Canucks. However, we all need a break some time so this forum is basically for anything off-topic, off the wall, or to just get something off your chest! This forum is named after poster Creeper, who passed away in July of 2011 and was a long time member of the Canucks message board community.
This paper explores the impacts of the Trump administration’s trade policy on prices and welfare. Over the course of 2018, the U.S. experienced substantial increases in the prices of intermediates and final goods, dramatic changes to its supply-chain network, reductions in availability of imported varieties, and complete passthrough of the tariffs into domestic prices of imported goods. Overall, using standard economic methods, we find that the full incidence of the tariff falls on domestic consumers, with a reduction in U.S. real income of $1.4 billion per month by the end of 2018.
I don't know, the whole refusing to release taxes things seems completely absurd to me, but then I'm Swedish.
Back in the 18th century a power struggle between the king and parliament resulted in parliament passing legislation in 1766 that all documents issued by or received by government authorities are to be considered public documents, unless they fit very narrow criteria (such as national security) for becoming classified. This caused quite some stir when Sweden joined the EU and a lot of other European governments were shocked to find out that letters they sent to the Swedish government were readily available to all Swedish journalists.
Anyway, tax fillings are no different. You send them to the Swedish tax authorities, which is a government Agency, and thus they become public. Anyone can find out what anyone has filed, if you are willing to take the time and don't mind your neighbours finding out that you have asked about them, because that is of course the one provision; you asking to get to see the documents is of course also a request that will become public.
Anyway, that someone in a government position can refuse to tell what they filed is just completely foreign to me.
How can anyone accept a government with such a profound lack of transparancy?
All leading politicians in Sweden have journalists digging through their financial records on a regular basis, and there are a few scandals every year. Helps keep them honest.
Last edited by Per on Thu May 09, 2019 1:35 am, edited 1 time in total.
Tax returns in Canada and the US are confidential.
The US has a sad tradion of using the Internal Revenue Agency as a political tool. Last publicly known case was Obama officials at the IRS selectively going after Tea Party organizations.
Over the Internet, you can pretend to be anyone or anything.
I'm amazed that so many people choose to be complete twats.
Topper wrote: ↑Wed May 08, 2019 8:13 am
Tax returns in Canada and the US are confidential.
Apparently. But do you think that's a good thing? I like transparency in government. Keep the politicians in check.
I mean, I work for the government, and right now we have a reporter investigating us at work. All the documents they ask for (and we have to keep records of all incoming and outgoing documents) we have to hand over asap, preferrably the same day, if possible. It increases our workload, and there will certainly be some articles about stuff they've found that indicates wrongdoing from our part, but that's the way it should be.
Independent media and transparency in government are important parts of a well functioning democracy.
The idea that we should refuse to hand over the documents they ask for is preposterous and outrageous.
People in government should have nothing to hide from the public, who are in fact our employer.
Topper wrote: ↑Wed May 08, 2019 8:13 am
Tax returns in Canada and the US are confidential.
Apparently. But do you think that's a good thing? I like transparency in government. Keep the politicians in check.
I mean, I work for the government, and right now we have a reporter investigating us at work. All the documents they ask for (and we have to keep records of all incoming and outgoing documents) we have to hand over asap, preferrably the same day, if possible. It increases our workload, and there will certainly be some articles about stuff they've found that indicates wrongdoing from our part, but that's the way it should be.
Independent media and transparency in government are important parts of a well functioning democracy.
The idea that we should refuse to hand over the documents they ask for is preposterous and outrageous.
People in government should have nothing to hide from the public, who are in fact our employer.
How you going to lie, cheat and steal if income taxes were public documents?
Topper wrote: ↑Wed May 08, 2019 8:13 am
Tax returns in Canada and the US are confidential.
Apparently. But do you think that's a good thing? I like transparency in government. Keep the politicians in check.
I mean, I work for the government, and right now we have a reporter investigating us at work. All the documents they ask for (and we have to keep records of all incoming and outgoing documents) we have to hand over asap, preferrably the same day, if possible. It increases our workload, and there will certainly be some articles about stuff they've found that indicates wrongdoing from our part, but that's the way it should be.
Independent media and transparency in government are important parts of a well functioning democracy.
The idea that we should refuse to hand over the documents they ask for is preposterous and outrageous.
People in government should have nothing to hide from the public, who are in fact our employer.
You are comparing internal government documents to private financial records. Tax records are considered personal information here and I strongly support that.
This game of politicians revealing their tax records is nothing more than silly virtue signalling.
Over the Internet, you can pretend to be anyone or anything.
I'm amazed that so many people choose to be complete twats.
A century ago, the Teapot Dome corruption scandal engulfed Harding’s administration, spurring Congress to pass legislation that finally reclaimed its right to review private tax returns. It was a solid law, and remains so today: The legislative branch has the power to tax and spend, and the review of personal tax returns falls well within its rights and obligations
A century ago, the Teapot Dome corruption scandal engulfed Harding’s administration, spurring Congress to pass legislation that finally reclaimed its right to review private tax returns. It was a solid law, and remains so today: The legislative branch has the power to tax and spend, and the review of personal tax returns falls well within its rights and obligations
I hear the Chinese also plan to cancel all purchases of US agricultural products, which would be a severe blow to the MidWest.
And Boeings. They plan to stop buying Boeings.
Anyway, worst case scenario - global recession.
Best case? Stymied growth and increased inflation in USA and China, ie just the two countries directly involved.
It's not very likely that the financial problems will remain local though. With two such big players being involved the fallout will most likely spread to the rest of the planet.
