John Bolton - All This Liberal 'Getting Ahead' Is Making Us Broke

00:00:00.000 Hi, it's John and welcome to the channel 451 a.m. Sunday, December the 21st. I hope you're

00:00:09.200 having a great weekend. Four sleeps until Santa. Merry Christmas to you with the big blue mug of

00:00:15.060 coffee. Pleasure to have you here today. I do appreciate it. And it's an interesting time of

00:00:21.080 the year. If you're somebody who follows the news a lot, you'll realize that as we get closer to

00:00:25.860 Christmas and we get towards New Year's, that the news cycle slows down a little bit. It's kind of

00:00:30.400 the doldrums if you work in news, which I did for many, many years. The people at radio stations and

00:00:35.560 news places across Canada, around North America in general, will be looking for stories on what's

00:00:42.020 closed over the Christmas holidays and different events you can go to with your family. That's

00:00:46.400 kind of how the news progresses over the next week or so. The big news stories are dead, and I think

00:00:51.720 that's good. I think we can feel thankful that we don't have a lot of hard-hitting stories right

00:00:56.560 now, and let's hope that doesn't happen. If you're a conservative right now, as we approach the end

00:01:02.780 of 2025, and you look back at the year that was, it can be pretty depressing. So don't do that.

00:01:08.040 Better things are coming. Just think of it that way. But the other thing I think about is how has my

00:01:13.860 life progressed in the last 12 months? I think in our lifetime, we hope we progress every year. You have

00:01:19.000 ups and downs. I certainly have. There's been times in my life when I've been pretty damn broke.

00:01:23.840 I've been out of work. That's happened to me. But I feel I'm better off, certainly, than I was when I

00:01:29.060 was 20 years old. And I hope it's the same with you. But how have you done in the last 12 months? Do

00:01:34.060 you feel like you're getting ahead? And there's a reason why I'm using those words. Do you feel like

00:01:39.600 you're getting ahead when it comes to just 12 months ago? Because you were promised this year

00:01:47.280 by the government that they were going to help you get ahead. Here's Mark Carney and his finance

00:01:54.000 minister talking about that because they gave you a tax cut. That means bringing costs down.

00:02:01.340 That means helping Canadians to get ahead. Canadians will keep more of their hard-earned money 0.56

00:02:07.020 with a middle-class tax cut that will take effect by Canada Day, saving a two-income family up to $840

00:02:15.260 every year. We're empowering Canadians so that everyone can get ahead. Right after the election,

00:02:23.460 right after the election, we cut taxes for more than 22 million Canadians.

00:02:28.060 The first thing we did for Canadians was to reduce taxes for 22 million Canadians, Mr. Speaker.

00:02:34.200 We promised a middle-class tax cut, leading to over $800 of savings for two-income households.

00:02:42.660 How can we address how we can make life more affordable for Canadians? And in that, you know,

00:02:47.600 the measure we took to reduce the middle-class tax cut that we offered to Canadians was really

00:02:52.940 spot-on because what we've heard from families that help us to make life more affordable.

00:02:58.060 As part of that strategy, today I'm proposing a middle-class tax cut to help all working Canadians

00:03:04.040 get ahead.

00:03:04.920 I could have those clips go on forever. The Liberals are really helping you.

00:03:09.700 They're really helping you get ahead, folks. This is what they promised you. And the weasel words in there are,

00:03:17.040 you can save up to $840 a year in a two-income family.

00:03:23.860 And so that means anywhere from zero to $840 a year. And some Canadians are pretty damn close to zero.

00:03:29.080 I'm going someplace with this, folks, because things are going to get worse. In fact, let's do some math

00:03:35.860 on the screen here. Let's see if we can do this on the fly. Let me go over here like this.

00:03:39.940 Let's see if we can bring up a calculator. Okay. So where's the calculator? Here it is right here.

00:03:45.820 Let me grab and drag it over here. Okay. So let's say you're at the high end of getting ahead

00:03:51.040 from the Liberals. It's sad. I'm laughing, but it's sad. And you're at $840 a year. But remember,

00:03:59.120 this is over 12 months. Let's see how much you're saving a month. Okay. So let's divide it by 12,

00:04:04.860 which amounts to $70 a month. But we're talking two-income family here. So we divide by two.

00:04:10.820 So each person in that family is saving a whopping $35 a month. Now let me put this into perspective,

00:04:18.720 because it's always important to put things into perspective. Last night or yesterday was my

00:04:25.140 mother-in-law's birthday. She turned 89 yesterday. And we asked her, do you want to go out to a

00:04:30.180 restaurant or would you prefer having a home-cooked roast beef dinner with mashed potatoes, gravy,

00:04:35.400 carrots, and the whole thing at the house? And she wanted the roast beef dinner. And my wife went out 1.00

00:04:40.280 bought a modest-sized roast beef in Alberta, in beef country here, and it cost $50. The tax cut,

00:04:50.340 the getting ahead that Carney promised us, wouldn't pay for a full roast last night. We just don't eat

00:04:56.460 roast very much anymore. It's that expensive. It's become that expensive. Now, when it comes to

00:05:01.040 getting ahead, let's go over and find out what the poorest Canadians are doing. Because there's this

00:05:07.680 from Juneau News, the liberal tax cut gives poorest Canadians just $11 annually. That's less than a

00:05:15.040 dollar a month. There's four quarters. It amounts to about that much right there. And here's the thing

00:05:19.960 when it comes to the people who are hardest hit by inflation and high prices. They got screwed over 0.58

00:05:26.180 by people who don't have to worry about high prices and inflation back on April the 28th. The baby boomers 0.57

00:05:32.500 who have a pension and a paid-for home and don't worry about prices at all. Those people actually

00:05:38.380 screwed over their grandkids and the young people who are struggling right now as well, trying to buy

00:05:42.820 homes and just to buy groceries. And when it comes to grocery prices, are you even getting ahead? No. Prices

00:05:51.580 continue to rise. We've heard this. You see it every time you go to the grocery store.

00:05:56.600 Well, we begin this hour with breaking news on the cost of living crisis. A new report just into our

00:06:02.960 newsroom is revealing how much more Canadians are paying for food. If this feels familiar to you,

00:06:09.580 you're not alone. Walk in the aisles of your local grocery store, carefully picking produce and trying

00:06:15.080 to stick to a budget. But you can't escape the high price pinch. You might be feeling like you're

00:06:20.400 shelling out hundreds of dollars more for food than last year. And it turns out you're right.

00:06:27.580 This is some serious sticker shock right here. Canada's food price report 2025 estimates the

00:06:32.720 average family of four will spend more than $800 more on food this year in comparison to what they

00:06:39.480 spent in 2024. Boy, I just, I can't handle all this liberal getting ahead. How did we get here?

00:06:50.400 You know, it's just crazy. And the reason why I'm talking about this today is because

00:06:55.380 folks, if you think things are going to get better in 2026, because the liberals gave you a get ahead,

00:07:01.340 save up to $840 a year in a two income family tax break. You got another thing coming. Things are not

00:07:08.180 going to get better. God, 2026 is going to be a nightmare. Now this is an article from True North

00:07:12.980 Wire. Go over and subscribe to True North Wire and Juno. I owe these people. I'm going to do that

00:07:17.380 today. Damn it. They're going to get some of my money because they're doing good work. Now this 0.99

00:07:21.860 is from the Canadian Taxpayer Federation. Now for those of you who say, well, they're a right-wing

00:07:26.160 group. This is liberal legislation coming in in 2026 to help you get ahead. This is crazy. I'm going

00:07:31.920 to read a significant part of this, but you need to understand what the hell is going on here.

00:07:36.200 Okay. So Canadians can expect to pay more taxes next year. Get ready to pay more. The Canadian

00:07:41.640 Taxpayer Federation annual report on New Year's tax changes reveals that Canadians can expect higher tax

00:07:47.120 bills in the coming year. While the Kearney government cut the lowest income tax rate from

00:07:51.360 15 to 14 percent earlier this year, the average taxpayer will only save about $190. This is you're

00:07:58.680 getting ahead, according to the Parliamentary Budget Officer. This is the government, folks. A study

00:08:04.460 published earlier this year by the Fraser Institute found the average Canadian family lost 42.3 percent of

00:08:11.160 their income to taxes, costing them more than housing, food, and clothing combined, which only

00:08:18.200 amounts to 35.5 percent. You work almost half of your day and give it to the government. Isn't that

00:08:25.920 crazy? For example, a typical family earning $114,289 in 2024 paid $48,000 in taxes to all levels of

00:08:36.360 government in 2025. Are you getting ahead, folks? How are your services? Go get your health care

00:08:42.840 and stand in line for hours. It just keeps getting worse and worse, and you pay more and more and

00:08:47.380 more. There's some good news and bad news for taxpayers in 2026, said CTF Federal Director Franco

00:08:53.880 Terrazano. The federal government cut income taxes. That's you're getting ahead, folks, but it's hiking

00:08:59.160 payroll taxes. The government canceled the consumer carbon tax, but it's hammering Canadian businesses with a

00:09:04.920 higher industrial carbon tax. So they put money in one pocket and they take even more out of the

00:09:09.880 other one. That's what Franco is telling us here. According to the report, Ottawa will increase the

00:09:14.360 maximum mandatory Canada pension plan and employment insurance contributions for payroll taxes in 2026,

00:09:22.580 meaning an additional $262 next year for each worker. Ottawa's industrial carbon tax is going up to

00:09:31.180 $110 per ton. Alcohol taxes go up every year on April 1st. Canadians pay too much tax because the

00:09:37.900 government wastes too much money. And I immediately, when I read that in this article this morning,

00:09:42.560 I thought again of Ronald Reagan, the great communicator who said, the problem is not that

00:09:47.240 people are taxed too little. The problem is that government spends too much. And that's absolutely

00:09:52.480 true. And what Franco Terrazano will also tell you, and this is a stunning thing to think about,

00:09:59.320 and I always remember this. This is, this is Canada and you as a Canadian getting ahead, folks,

00:10:04.060 just paying the interest on our debt in this country is more than a billion dollars every week.

00:10:11.140 You could build a hospital every week on just the interest we pay on the debt we've got in this

00:10:17.720 country. And it continues to go up as do prices. I just can't handle all this getting ahead. How about

00:10:25.660 you? But just look at it this way. A new year brings renewal. We can look for something better

00:10:33.000 in 2026. And I, and I think, I think there's some good things coming down the line. At least I hope,

00:10:40.540 and I'm hopeful that that will happen. And I hope you have a great new year. There'll be more of these

00:10:45.180 coming before the end of the year, looking back, but I just wanted to find out how you were getting

00:10:50.800 ahead. If you are good for you, but I think most people, including myself this year, fell further

00:10:57.400 behind. And I do blame the liberals. Thanks for watching. I do appreciate it. If you like the video,

00:11:03.940 give it a thumbs up, subscribe to the channel, ring the bell for notifications. I wish you a Merry

00:11:08.340 Christmas. I tip the big blue mug to you and I'll see you in the next one.

John Bolton - December 21, 2025

All This Liberal 'Getting Ahead' Is Making Us Broke

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