Stand on Guard with David Krayden - April 17, 2024


Trudeau Taxes "The Rich" AND ADDS $40B to DEBT! | Stand on Guard Ep 116


Episode Stats

Length

20 minutes

Words per Minute

125.981514

Word Count

2,535

Sentence Count

191

Misogynist Sentences

1

Hate Speech Sentences

2


Summary

Justin Trudeau's Federal Budget 2024 adds $40 billion more to the national debt, $8.5 billion to housing, and $52.9 billion to the deficit. In order to balance the books, the government will have to raise taxes on the rich. Is it now the turn of the middle class?


Transcript

00:00:00.000 Welcome back to another episode of Stand on Guard.
00:00:02.900 Promised you I'd be back tonight to talk about the budget.
00:00:07.180 Federal budget 2024.
00:00:09.680 What does it amount to?
00:00:11.560 $40 billion more in the national debt.
00:00:16.420 A $40 billion deficit.
00:00:19.880 And we got $52.9 billion in new spending.
00:00:25.320 $8.5 billion for housing.
00:00:27.940 That's over five years for the $52.9 billion.
00:00:30.880 But it's much more than Trudeau or Finance Minister Chrystia Freeland were talking about.
00:00:37.160 In that last fall economic update, you recall, they were going to spend a lot less money.
00:00:44.940 So how are they going to raise some money?
00:00:47.240 How are they going to raise money?
00:00:48.760 Well, they're going to start increasing the tax rate on capital gains transactions.
00:00:56.760 So any transaction above $250,000, the tax will be set at 66.7%.
00:01:06.280 The current rate is 50%.
00:01:09.380 Now, if you're engaging in transactions above $250,000, does that make you rich?
00:01:18.200 Or does that just make you have money in the bank?
00:01:23.400 Does that make you upper middle class, perhaps?
00:01:26.060 Is that what Trudeau is going after here?
00:01:28.240 Is it now the turn of a portion of the middle class?
00:01:31.680 Will they be included in his attacks, his financial attacks?
00:01:35.580 Looks like it.
00:01:36.480 Because that's the only way he can make any revenue.
00:01:39.700 Because as I've reported in the past, the Trudeau government is spending twice as much as it takes in.
00:01:45.220 It collects half as much revenue as it spends.
00:01:49.800 That's shocking.
00:01:51.560 It's absolutely shocking.
00:01:53.720 I mean, let's have a look at this chart before we get into the videos of Freeland.
00:01:58.120 Look at this chart here.
00:01:59.080 This is the escalation of the number of public employees, public servants, government employees, whatever you want to call them, bureaucrats, that Trudeau has hired since coming to power in 2015.
00:02:15.180 I mean, that is absolutely incredible.
00:02:19.420 But that's what he's done.
00:02:20.980 That's more than any other prime minister in history.
00:02:25.100 I mean, we know he has actually doubled the debt.
00:02:28.420 He's increased the debt by more than all previous prime ministers.
00:02:33.760 How else can you put this in terms that people can comprehend?
00:02:37.240 And yet, you know, he continues to do this.
00:02:40.720 His unalloyed narcissism continues to triumph in his personal life, at least.
00:02:48.720 And it continues to dominate Canadian politics until we can find a way to remove him.
00:02:57.620 And that's got to be through the next election, through a non-confidence motion, which I'm beginning to wonder if the NDP will back eventually because they can no longer see themselves as being tethered to this corrupt regime because it's going to mean their own demise.
00:03:15.360 I believe, I believe, I believe very strongly that's what's going on.
00:03:20.120 But clearly, if you look at these, it's absolutely astounding when you look at the statistics in terms of where we're going.
00:03:29.140 This was a budget that increased the debt again and that now has redefined the rich and is going after those people.
00:03:38.860 Let's listen to Freeland hold forth here.
00:03:46.240 Because it's quite entertaining.
00:03:48.060 Moving with purpose to help build more homes faster, we are making life cost less.
00:03:59.020 We're driving the kind of economic growth that will ensure every generation of Canadians can reach their full potential.
00:04:07.860 Together, we are putting into action a plan to build nearly 4 million homes by 2031 and to unlock the door to the middle class for more young Canadians.
00:04:26.240 All right.
00:04:26.940 Do you believe that?
00:04:28.440 4 million new homes?
00:04:30.420 Does that not prompt gales of laughter?
00:04:34.780 Yes, it did in the House today.
00:04:35.980 And she went on from there.
00:04:42.520 Yet, I know, there will be many voices raised in protest.
00:04:48.060 No one likes paying more tax, even, or perhaps particularly, those who can afford it the most.
00:04:56.360 But before they complain too bitterly, I'd like to ask Canada's 1%, Canada's 0.1%,
00:05:05.400 Do you want to live in a country where you can tell the size of someone's paycheck by their smile?
00:05:19.940 Do you want to live in a country where kids go to school hungry, do you want to live in a country where a teenage girl gets pregnant because she doesn't have the money to buy birth control?
00:05:36.480 Do you want to live in a country where the only young Canadians who can buy their own homes are those with parents who can help with the down payment?
00:05:46.400 Do you want to live in a country where we make the investments we need in health care, in housing, in old age pensions, but we lack the political will to pay for them and choose instead to pass a ballooning debt on to our children?
00:06:08.320 Do you want to live in a country where they can help?
00:06:09.320 Do you want to live in a country?
00:06:10.320 Do you want to live in a country?
00:06:11.320 Ballooning debt?
00:06:12.320 Who's creating the ballooning debt?
00:06:15.320 As I said earlier, Trudeau's doubled the national debt since he came into office, thanks in large part to Christia Freeland in her last four budgets.
00:06:27.320 Where those at the very top live lives of luxury but must do so in gated communities behind ever higher fences using private health care and private planes because the public sphere is so degraded and the wrath of the vast majority of their less privileged compatriots burns so hard.
00:06:56.320 Every one of us here in this chamber today and every Canadian across our truly great country needs to ask themselves these same questions because the stakes could not be higher.
00:07:17.320 Yes, the stakes could not be higher, but of course, who's the one guilty of being the elite she's talking about?
00:07:30.320 This is Christia Freeland.
00:07:32.320 Do you want to live in a country where those at the very top live lives of luxury?
00:07:51.320 And that, of course, is depicting how Christia Freeland selected her shoes for budget day.
00:07:58.320 Of course, it's tradition in Canadian politics for the finance minister to pick out a new pair of shoes when announcing a new budget.
00:08:09.320 Did Christia Freeland explore the shops in the stores of Ottawa or Toronto where her writing is?
00:08:17.320 No, she had a special group sent to her office with shoes for her to select in the privacy of her own office.
00:08:26.320 Sounds like those people living in gated communities where the walls and the gates keep going higher and higher.
00:08:33.320 That's Christia.
00:08:35.320 I really liked what Pierre Polyev, conservative leader, Pierre Polyev said right before the budget.
00:08:43.320 This is really his budget speech and his budget reaction.
00:08:49.320 And it was a reaction because we all knew what was in that budget long before Christia Freeland tabled it today.
00:08:55.320 She let out most of the information early.
00:08:58.320 So Polyev knew what was in there.
00:09:00.320 And here's what he had to say.
00:09:01.320 And by the way, if you're enjoying this broadcast, please give it the thumbs up.
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00:09:29.320 Let's go to Polyev's media conference today.
00:09:33.320 He had some very good things to say.
00:09:35.320 Oh, tax your food, punish your work, take your money, double your housing costs and unleash crime and chaos in your community or common sense conservatives who will ax the tax, build the homes, fix the budget and stop the crime.
00:09:47.320 But there's still another year and a half where Canadians have to find a way to survive.
00:09:53.320 So my message to Justin Trudeau is this in one word.
00:09:58.320 Stop.
00:10:00.320 Stop doubling housing costs.
00:10:04.320 Stop taxing our farmers and food when our single moms and seniors are going hungry.
00:10:13.320 Stop the inflationary deficits that are driving up interest rates and forcing Canadians to lose their homes.
00:10:21.320 Stop endangering our social programs and jobs by adding more and more debt.
00:10:30.320 For the love of God, Justin Trudeau, you are not worth the cost.
00:10:35.320 So today, will you please stop?
00:10:38.320 Stop until common sense conservatives can start governing with common sense for this country.
00:10:46.320 A common sense plan to ax the tax to bring down the cost of energy, food and everything else.
00:10:55.320 We will ax the carbon tax that will make our businesses more competitive, our wages higher, our food more affordable.
00:11:02.320 We'll cut income tax so hard work pays off.
00:11:05.320 We'll fix the budget by bringing in a common sense dollar for dollar law that requires that we find one dollar of savings for every new dollar spent.
00:11:15.320 While we slash the waste and reduce the burden on the backs of Canadians, a smaller government with bigger citizens.
00:11:24.320 Common sense plan uses technology.
00:11:27.320 So that, I think, says it all, does it not?
00:11:31.320 That this is what we face today.
00:11:34.320 And this is where we are.
00:11:36.320 A stark, a very stark choice between more collectivism, increasing totalitarianism, higher taxes, greater debt, and crazy programs like medical assistance and dying, read euthanasia.
00:11:56.320 It's a pride season.
00:11:57.320 Pride season.
00:11:58.320 Pride season.
00:11:59.320 No longer pride day.
00:12:00.320 Pride month.
00:12:01.320 It's pride season.
00:12:03.320 And a government that is not just focused, but fixated and obsessed completely with climate change.
00:12:14.320 To the point where they think everything that happens in nature is a result of climate change.
00:12:20.320 Whether it be floods, whether it be fires, whether it be gale force winds.
00:12:26.320 It's all, according to them, a result of climate change.
00:12:31.320 They have completely lost any degree of common sense.
00:12:36.320 And they're looking for this catastrophic disaster.
00:12:41.320 This catastrophic disaster that's coming because of the climate crisis.
00:12:46.320 And everything is distracted to that.
00:12:49.320 Now, talking about climate change.
00:12:51.320 Did you know farmers are really worried about climate change?
00:12:56.320 They're not worried about the carbon tax, even though that's impoverishing them.
00:13:00.320 Just listen to Stephen Gilboa here.
00:13:03.320 And as he talks yesterday, Monday, in question period, about the farmers he's talking to.
00:13:10.320 Now, folks out there couldn't believe this.
00:13:14.320 Let's have a listen.
00:13:17.320 Speaker, if the Conservatives had an ounce of intellectual integrity, they would admit to Canadians
00:13:32.320 that 97% of fuel used on farms where there is pollution pricing is not taxed by the federal government, first of all.
00:13:40.320 Secondly, do you know what I've been doing, Mr. Speaker, recently?
00:13:43.320 I've been meeting with farmers from Quebec, Alberta, Nova Scotia.
00:13:48.320 I've been meeting with grain farmers, cattle farmers.
00:13:51.320 They don't talk to me about carbon pricing.
00:13:53.320 They talk to me about the hundreds of millions of dollars due to impacts from climate change in the farming sector in the country.
00:14:02.320 Rubbish, balderdash.
00:14:05.320 You really think he's talking to farmers, telling him they're not worried about the carbon tax?
00:14:13.320 They're really worried.
00:14:15.320 They're terrified about climate change.
00:14:18.320 Don't believe it for a minute.
00:14:20.320 This is the same minister who was not only a renegade Greenpeace activist who was arrested for trying to scale the CN Tower.
00:14:29.320 This is the same minister who said he had letters from people praising him, thanking him for introducing the carbon tax.
00:14:38.320 And when an access to information request demanded he supply those letters, he'd come up with them.
00:14:44.320 Well, Gilbo couldn't find them.
00:14:48.320 They had disappeared.
00:14:50.320 And, you know, we really wish this minister would disappear because, I mean, just have a look at some of these charges.
00:14:59.320 Tens of thousands of dollars charges for natural gas.
00:15:05.320 Carbon tax charges for the use of natural gas that farmers are using to hate their barns.
00:15:15.320 Where did Gilbo get this 97% is not affected?
00:15:20.320 We don't know.
00:15:21.320 They won't say.
00:15:23.320 Once again, it's a number that exists in Gilbo's mind and Trudeau's mind, and they keep repeating it so you think it must be true.
00:15:31.320 There's more bills.
00:15:32.320 There's more bills.
00:15:33.320 Total.
00:15:34.320 8,392.
00:15:38.320 54 cents.
00:15:41.320 That is absolutely astounding.
00:15:46.320 And more.
00:15:49.320 This is from a mushroom farm and Pierre Pollard's writing.
00:15:54.320 Look at those numbers.
00:15:55.320 These people are paying tens of thousands of dollars in carbon tax charges.
00:16:02.320 They're not getting the rebate.
00:16:04.320 They're not getting this back in their pockets.
00:16:08.320 And neither are 8 out of 10 Canadians whom this government consists are getting the rebate back.
00:16:16.320 And they're getting more back in the rebate than they're putting out in the carbon tax.
00:16:21.320 And it's a lie.
00:16:22.320 And they know it's a lie.
00:16:24.320 The parliamentary budget officer has indicated that most Canadians are getting the short end of the stick from the carbon tax.
00:16:36.320 Stop calling it a carbon rebate because it's utter nonsense.
00:16:42.320 And they know it.
00:16:45.320 They know it.
00:16:46.320 The liberals know it.
00:16:47.320 This is a government that's desperate to find some way of buying back a public that has grown not only cold, but completely hostile to this government.
00:17:07.320 This is a government that is desperately trying to find some niche in Canadian society that still supports its aims and objectives.
00:17:17.320 It is utterly failing to do that because that niche simply doesn't exist.
00:17:22.320 Whether it's young Canadians or old Canadians, whether it's new immigrants or whether it's immigrants who have been here for many years, whether it's white, black, brown or any colored Canadian.
00:17:39.320 This government has lost its support and they've lost their support because people are sick of working for the government.
00:17:51.320 And they're sick of Trudeau's censorship and his cult of death that dominates this country.
00:18:00.320 And this budget, despite trying desperately to promote some degree of hope in the future.
00:18:08.320 Four million new homes.
00:18:10.320 I'm sorry.
00:18:11.320 That's a pipe dream.
00:18:13.320 That's illusionary.
00:18:14.320 That is your talking points in your script.
00:18:21.320 That is fantasy.
00:18:23.320 And this budget continues to promote and promulgate fantasy.
00:18:28.320 But as Pierre Paulyev said, this government won't be around for much longer.
00:18:36.320 But we need to find the strength to resolve to resist the government and its programs and its bills right now.
00:18:43.320 So thanks for watching today.
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00:20:06.320 So we are in a very...