tag:blogger.com,1999:blog-5806776700133051213.post3069239823733279968..comments2009-03-11T16:24:54.081-07:00lisahttp://www.blogger.com/profile/08149426274951453722noreply@blogger.comBlogger18125tag:blogger.com,1999:blog-5806776700133051213.post-73392268105550388122009-03-11T16:24:00.000-07:002009-03-11T16:24:00.000-07:00Would there be a cap, or would the credit be unlimited?<BR/><BR/>Would it be refundable? That is, can you use it to reduce your tax beyond zero?Travishttp://www.blogger.com/profile/11611416923167865877noreply@blogger.comtag:blogger.com,1999:blog-5806776700133051213.post-18511796732045476512009-03-09T18:21:00.000-07:002009-03-09T18:21:00.000-07:00Lovely ideas, I worry about how many of the items available to consumers are not made in Canada. Which I guess your tax credit would make us change are ways.Eyeliah @ stylesymmetry.comhttp://www.blogger.com/profile/03142659793492938216noreply@blogger.comtag:blogger.com,1999:blog-5806776700133051213.post-30397087226995749092009-03-09T10:51:00.000-07:002009-03-09T10:51:00.000-07:00briliant argument! If only Obama would listen to this... ;PTami - fete a fetehttp://feteafete.com/blognoreply@blogger.comtag:blogger.com,1999:blog-5806776700133051213.post-45436584301053693282009-03-09T10:27:00.000-07:002009-03-09T10:27:00.000-07:00MizzJ, in answer to your question to LaMimi: During the tax year you can choose to have income tax deducted from one job, but at the end of the year if your total income is a lot more than they calculated your income tax deduction for, you have to pay income tax on the rest. That's why I had to pay income tax this year. As LaMimi said, it makes no sense as the entire reason you took the second job was because your first job's income wasn't enough!lisahttp://www.blogger.com/profile/08149426274951453722noreply@blogger.comtag:blogger.com,1999:blog-5806776700133051213.post-59191860070082276742009-03-09T00:05:00.000-07:002009-03-09T00:05:00.000-07:00La Mimi, isn't there something where if you let the various workplaces know that you worked at this other place and they already deducted you, then you don't have to essentially be doublecharged again by the 2nd place?MizzJhttp://www.blogger.com/profile/00770130641318501232noreply@blogger.comtag:blogger.com,1999:blog-5806776700133051213.post-29576011394617170372009-03-07T21:13:00.000-08:002009-03-07T21:13:00.000-08:00Tis Serendipity, that's exactly it--it's not abolishing the GST because the GST is applied to goods and services, and I'm suggesting that only durable goods will receive the tax credit. Also, I'm saying the Conservatives can argue they <I>as good as abolished</I> the GST to encourage consumers to spend on durable goods, instead of actually getting rid of it entirely. Sneaky, no? :)lisahttp://www.blogger.com/profile/08149426274951453722noreply@blogger.comtag:blogger.com,1999:blog-5806776700133051213.post-7470127526540707912009-03-07T20:59:00.000-08:002009-03-07T20:59:00.000-08:00Wow that's an idea I never thought about really! =) But the more I think of the the more it's really creative and it just might work! But would the government really be in favor of both abolishing the GST and giving out tax credit to consumers? They'd probably still want some form of revenue either way. Interesting idea though. I love that it'll give people the incentive to shop. I wish that sort of thing would work in Singapore though. =( We're just too small an economy for local consumption to make much of a difference to the economy. <BR/><BR/>Btw, thanks for your suggestion! I've never actually heard much Latin music but it always makes me feel really hyper when I hear it in restaurants. Do you have any favorite Latin music artistes/bands you listen too? MAybe I'll try downloading some music. =) Ahh I totally agree about the toothpaste thing though. Good idea thanks!<BR/><BR/>(btw, my uncle and aunt received your package on thursday! thanks so much. =) now there's just one more package from UO that's going to their house (bad bad me) but then after that they'll be sending the stuff over to S'pore. Can't wait to receive it!)tis serendipityhttp://www.blogger.com/profile/08947614460951161468noreply@blogger.comtag:blogger.com,1999:blog-5806776700133051213.post-68081636473635312772009-03-06T07:23:00.000-08:002009-03-06T07:23:00.000-08:00Oh, gotcha! Some of the states have a similar program for "tax credit" by offering a tax-free week to shoppers. It's usually right before the school year starts, so people can save on big-ticket items like laptops and other things their kids might need. And from what I understand, the tax break only applies to things like school supplies, clothing, etc. Not luxury or household items. <BR/><BR/>I think it's always been fairly effective, though I don't know any actual numbers! :)oh lady ehttp://www.blogger.com/profile/18236415534705286777noreply@blogger.comtag:blogger.com,1999:blog-5806776700133051213.post-82539582903371289162009-03-05T23:13:00.000-08:002009-03-05T23:13:00.000-08:00Definitely a wonderful idea Lisa! I've been in your shoes many times. In fact it was when I worked two jobs ( bank and restaurant) that I had to pay back government about $1500. How silly is that, right? Obviously if I'm working two jobs , it means that I need money and I don't have any extra. Lol....<BR/>Since my career situation has changed, I don't have to pay anymore and I'm pretty damn happy about it! :)<BR/>xoxo<BR/>MimiLaMimihttp://style.la-mimi.comnoreply@blogger.comtag:blogger.com,1999:blog-5806776700133051213.post-5917705776592182882009-03-05T16:27:00.000-08:002009-03-05T16:27:00.000-08:00Yay! Brilliant.<BR/><BR/>xoxo,<BR/>La C.La Couturierhttp://www.blogger.com/profile/04081516814772868976noreply@blogger.comtag:blogger.com,1999:blog-5806776700133051213.post-85459329495385997642009-03-05T14:00:00.000-08:002009-03-05T14:00:00.000-08:00This is why it makes sense for people up there to listen to what the GP has to say! Great idea Lisa!freeTEYmehttp://www.blogger.com/profile/00209751065404843724noreply@blogger.comtag:blogger.com,1999:blog-5806776700133051213.post-17678076931216770862009-03-05T13:50:00.000-08:002009-03-05T13:50:00.000-08:00Lisa, you're a genius. Also I love the Swift inspired title (and the lack of eating Irish babies.) Enjoy the sunshine!!<BR/><BR/>Trisch xoTrischhttp://www.blogger.com/profile/03207233117093658617noreply@blogger.comtag:blogger.com,1999:blog-5806776700133051213.post-1133396666223314152009-03-05T10:47:00.000-08:002009-03-05T10:47:00.000-08:00Oh Lady E, that's a very good point! I'm by no means advocating excessive consumption and spending, but a tax credit for stuff you were going to shop for anyways is a nice perk. :)<BR/><BR/>Ooh, another point: The other cool thing about a tax credit as opposed to just sending people a cheque is that people can just deposit the cheques in their savings and not do anything to stimulate the economy (I've done that in the past with tax refunds), whereas to earn the shopping tax credit you would actually have to spend money.lisahttp://www.blogger.com/profile/08149426274951453722noreply@blogger.comtag:blogger.com,1999:blog-5806776700133051213.post-24960205097042870512009-03-05T10:28:00.000-08:002009-03-05T10:28:00.000-08:00I don't know much about Canadian economics/politics, butttt i'm pretty sure they should hire you to revise their economic stimulus plan:)la petite fashionistahttp://www.blogger.com/profile/05074043606030824588noreply@blogger.comtag:blogger.com,1999:blog-5806776700133051213.post-72574446040900269412009-03-05T10:19:00.000-08:002009-03-05T10:19:00.000-08:00I think the tax credit is a brilliant idea. <BR/><BR/>But... (and here's your big but!) I think the problem with the Canadian (or American) economy is really about excessive spending. People desperately need to re-learn how to save their money and buy within their means. I don't know if encouraging folks to shop would necessarily help that situation, even if they do get a tax break from it. Of course, that doesn't mean we should stop shopping altogether - just perhaps be a little bit more thoughtful of our purchases. <BR/><BR/>That's just what I think, though. :) You should definitely talk to government officials about that! It's a much better system than what they have in place now - too bad there aren't more practical women in government!oh lady ehttp://www.blogger.com/profile/18236415534705286777noreply@blogger.comtag:blogger.com,1999:blog-5806776700133051213.post-76139822905721738362009-03-05T10:12:00.000-08:002009-03-05T10:12:00.000-08:00Clever!WendyBhttp://www.blogger.com/profile/00985099019783464580noreply@blogger.comtag:blogger.com,1999:blog-5806776700133051213.post-25820712263534330002009-03-05T09:59:00.000-08:002009-03-05T09:59:00.000-08:00A great idea, well argued. Think anyone would listen? A government rep of some sort? I'd send your ideas along ... I mean, why not?Salhttp://www.blogger.com/profile/05316749500678318719noreply@blogger.comtag:blogger.com,1999:blog-5806776700133051213.post-80202682175160090032009-03-05T07:21:00.000-08:002009-03-05T07:21:00.000-08:00Very creative, darling - yay!<BR/><BR/>xoxox,<BR/>CCCouture Carriehttp://www.blogger.com/profile/07401719580947285891noreply@blogger.com