The National Telegraph - Wyatt Claypool - November 28, 2024


Trudeau shows his temporary sales tax break is a SCAM!


Episode Stats


Length

12 minutes

Words per minute

186.30664

Word count

2,293

Sentence count

137

Harmful content

Hate speech

3

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Justin Trudeau's new video on the GST tax freeze is a complete scam and a bait and switch to try and get rid of the carbon tax. He doesn't even seem to realize that he's actually changing the prices on the shelves.

Transcript

Transcript generated with Whisper (turbo).
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 Hey guys, Wyatt Claypool here. Prime Minister Justin Trudeau is frequently betrayed by his own words.
00:00:07.720 In fact, he's betrayed by his own words as frequently as he betrays Canadians.
00:00:12.640 And he's just released a new video on the GST-HST tax freeze, where he basically admits it's fraudulent and a scam.
00:00:21.800 It's not really much of a tax freeze at all, but he's just using it as a stump to stand on
00:00:27.600 and accuse the conservatives of not being in favor of tax reform when Justin Trudeau is obviously the person here who is not in favor of tax reform.
00:00:37.000 Even Jagmeet Singh is more in favor of tax reform, the socialist, than Justin Trudeau.
00:00:42.940 He at least wants to get rid of the consumer carbon tax after Jagmeet Singh's popularity fell into the toilet after years of backing Justin Trudeau.
00:00:50.680 But before we get into the video, I just want to comment on Justin Trudeau's post here, trying to go after Polyev and the conservatives.
00:00:58.340 This is a full encapsulation of what Justin Trudeau has been saying for about two weeks.
00:01:03.900 Just that, oh, the conservatives don't really want to give you a tax break.
00:01:07.900 They do. They keep proposing to get rid of the carbon tax.
00:01:11.500 They keep proposing to lower other taxes, other levies.
00:01:14.900 They want to keep taxes low permanently.
00:01:18.140 But Justin Trudeau here says on his own X account, there you have it.
00:01:23.100 Pierre Polyev doesn't want Canadians to get a tax break.
00:01:26.820 NCTV News' headline says, Polyev to vote against liberal GST tax holiday bill.
00:01:33.120 A conservative leader, Pierre Polyev, says his party will vote against the government's proposed GST holiday break, calling it a tax trick.
00:01:40.000 Which is true. It is literally just trying to do a bait and switch on Canadians to pretend like you actually are getting a big tax break when it lasts for two months.
00:01:49.960 Also kicks in late into the holiday season, so it doesn't really affect much your holiday shopping at all unless you're a late shopper.
00:01:56.000 And then as soon as it ends, on about April 17th, I believe, well, it's going to be completely, all the gains are going to be wiped out by the increase in the carbon tax that's going to be occurring on April 1st.
00:02:08.560 But now let's get into Justin Trudeau's video on this.
00:02:12.380 I find it very funny because he basically accurately portrays how, or portrays how the government does affect prices on the shelves.
00:02:23.180 But then doesn't seem to even realize that that makes, like he's making the case against his own carbon tax.
00:02:29.400 And proving that him only making this temporarily makes it a complete scam.
00:02:34.040 But before I get into the video here, I just want to remind you guys, if you're not yet a subscriber, make sure to go hit the subscribe button.
00:02:39.900 Like this video. If you want to support the show, donate to the legal fund, both in the description of the video below, as well as pinned at the top of the comments.
00:02:46.680 But here, Justin Trudeau goes in his own video on his ex-account, trying to make the case for the GST holiday.
00:02:53.780 Canadians need a break. So that's what we're going to do. 0.63
00:02:57.120 Canadians are about to get a two-month tax break.
00:03:00.040 The Trudeau government is giving back this holiday season in the form of a tax break.
00:03:03.660 That includes temporary relief from the federal sales tax on selected items.
00:03:09.260 We're getting rid of GST, HST on groceries for two months, and on some everyday items that add up so quickly.
00:03:17.040 Government doesn't set the price of things at the store, but we can give Canadians a break.
00:03:22.120 That's what we're going to do.
00:03:23.580 So the government does affect the prices on the shelves.
00:03:27.960 Yes, the government does not set prices on the shelves, although Justin Trudeau and Jagmeet Singh want to do that with their grocery store code of conduct that caps how much grocery stores can increase prices, even if inflation is basically forcing them to do it.
00:03:41.900 But Justin Trudeau right there is telling you that he knows all of his taxes are indeed affecting the prices on the shelves.
00:03:49.440 It's making your groceries more expensive.
00:03:52.720 And yet, he and Singh have been going after grocery store chains as price gouging, even though chains tend to have far lower prices than independent local grocery stores.
00:04:04.000 Nothing wrong with those, obviously.
00:04:05.480 But he's been basically admitting that, yes, the carbon tax, the GST, the HST, the income taxes, corporate taxes, all these extra taxes are contributing to the price on the shelf.
00:04:18.480 And he, for literally years now, has been pretending that it's wizards setting the price in the grocery stores.
00:04:24.540 It has nothing to do with him.
00:04:25.720 In fact, he's giving you a rebate on your carbon tax, which I hate having to repeat it, it doesn't make up for the price of the carbon tax that you have to pay.
00:04:36.100 I can even show you right here in a CTV News article, so I'm not taking it from like an independent or conservative source.
00:04:43.380 Even the CTV's coverage here is just annoying in the sense of how bad it is.
00:04:47.680 So they say, this April, the carbon price increased from $65 per ton to $80 per ton, costing a driver's an extra 3.3 cents per liter at the pump.
00:05:00.500 The carbon tax is scheduled to increase another $15 each year until it reaches $170 a ton in 2030, according to the federal government targets.
00:05:08.940 So in April, we're actually going to be having the carbon tax double.
00:05:12.760 And so we're going to be having to pay several more cents at the pump, like starting on April.
00:05:19.000 And it's not just at the pump, which CTV News basically just says without context, oh, you had to pay 3.5 cents or 3.3 more cents at the pump when you're filling up your car.
00:05:29.700 No, you pay 3.3 cents more directly at the pump.
00:05:34.540 And the gas station when they had to get the gas trucked in had to pay some more, and the refinery had to pay some more, and the person who's extracting the oil and gas had to pay some more.
00:05:43.460 And this is why the rebate doesn't work, because yes, if we just assume that it's the 3.3 cents more that you're paying at the pump, yes, I guess each quarter you are technically making a little bit of money with the rebate.
00:05:57.340 But because we're not stupid people, we shouldn't be taking that as the only factor in the price, not just the direct government tax on you.
00:06:07.560 It's also the grocery stores.
00:06:09.420 It's also the farmer who, when he grows his wheat, he has to dry it.
00:06:13.760 And that takes a lot of energy.
00:06:16.020 You pay so many, you pay the carbon tax about a dozen times before you even pay the carbon tax directly yourself at the pump.
00:06:24.120 And this is what makes the GST-HST holiday such a stupid scam.
00:06:29.740 You get a two-month break, which isn't much of anything, because it's kind of coming in that timeline of the year when spending tends to go down right after the holidays.
00:06:39.040 And so, yeah, you're going to make some gains, but even economists will tell you very short pauses in taxation really doesn't affect the economy at all.
00:06:48.480 It really doesn't make anyone that much better off.
00:06:50.840 And then on April 1st, before the GST-HST holiday is even gone, it almost hides the fact that the carbon tax is going to hit like a ton of bricks.
00:06:59.040 Suddenly, so the carbon tax comes up, and then the GST-HST comes back online, and it jumps the price a lot.
00:07:08.100 This is going to hurt Justin Trudeau so much in April.
00:07:11.000 When people realize how screamingly high the cost of living is right after the GST-HST holiday goes away, they're going to beg Justin Trudeau to please resign from office early.
00:07:23.420 Just find it in your heart to just leave.
00:07:26.600 Just leave, dude.
00:07:27.600 This is the thing that annoys me so much about liberal economics.
00:07:32.640 It's so much about just pumping demand.
00:07:35.440 Oh, just give people $250 check.
00:07:37.480 That's another part of the scam.
00:07:38.780 We're giving people a $250 check right when all of the high costs are coming back into effect so that it kind of, you know, softens the blow.
00:07:47.120 They think you're stupid, and they think if they give you a small tax holiday, then they give you $250.
00:07:52.500 At the same time, the taxes come back into effect, and the carbon tax doubles, that you're going to be like, but Justin Trudeau gave me $250.
00:08:00.080 What a nice guy.
00:08:01.440 He's so nice to me.
00:08:02.820 He's so nice to us guys.
00:08:04.540 Justin Trudeau gave us back some of our own money.
00:08:07.320 This is also the thing with the trade issues with the U.S.
00:08:10.120 That's so stupid.
00:08:11.280 One, the 25% tariff is not coming into effect.
00:08:14.400 I can tell you that.
00:08:17.840 Unless Canada is stupid enough, which I guess with Justin Trudeau in charge, you never know.
00:08:22.080 Unless we're stupid enough to not enforce tighter border security, which is all Donald Trump wants, we probably don't even have to be doing that good a job at it.
00:08:29.240 He probably wants us symbolically checking the border a little bit closer, and the 25% will go away. 1.00
00:08:35.180 But then you'll have all these people saying, oh, see, free trade doesn't work because now a lot of jobs are going to go down to the U.S. with Trump being the president.
00:08:43.300 I'm like, yeah, that's because our local domestic taxes are too high.
00:08:46.600 That's not an indictment of free trade.
00:08:48.480 That's an indictment of us sucking at economics and having some of the highest taxes in the world in terms of income taxes and corporate taxes.
00:08:56.500 There is not a province in Canada with lower taxes than an American state.
00:09:01.460 Even in California and New York, we pay more taxes in Alberta than there.
00:09:07.420 Maybe it's a little different if you live in New York City with property taxes compared to, like, living in, you know, Blackie, Alberta or Lethbridge or High Level or whatever. 0.83
00:09:15.880 But you get my point here.
00:09:18.100 It's all about the local taxes.
00:09:20.480 And Trudeau admitted there again, he admitted there that the government can help out on the price, not through subsidies, not through handouts, but through lowering taxes.
00:09:31.200 So every time he talks about how, ooh, Canadians are having problems with the cost of living, but we're going to help out with a big, like, school food program.
00:09:39.500 Oh, we're going to help out with this new random program.
00:09:42.320 Oh, dental care.
00:09:43.480 Oh, universal pharma care.
00:09:45.400 How about we just lower taxes, income taxes?
00:09:49.240 What a thought.
00:09:50.080 We lower income taxes and corporate taxes, and then all this stuff is affordable for everyone.
00:09:54.240 We never have these stupid programs when Stephen Harper was at the prime minister, and notice how we didn't need them when he was the prime minister, because everything was naturally lower in price, because the government is not taking 33% of top tax bracket, of people in the top tax bracket, out of their income every year.
00:10:13.920 That's insane.
00:10:15.080 Maybe if corporations weren't paying the Canadian government, I'm not sure what it is these days, like, between the Canadian government and provincial governments, it could be, like, 18%, 20%.
00:10:23.980 Maybe we should lower that, and grocery stores can then pass off savings onto consumers, because people buy more when prices are lower.
00:10:33.520 What a concept.
00:10:34.460 Grocery stores are not actually in the business of price gouging, because another grocery store would just lower their prices and then eat that grocery store's lunch in terms of getting far more customers.
00:10:44.060 But anyways, I guess that's it for me today, guys.
00:10:47.400 Again, make sure you subscribe to the channel, like this video.
00:10:50.200 If you can donate to the legal fund, it really helps me out.
00:10:53.180 Being sued by a Chinese billionaire developer for defamation, in which now, after three years, he hasn't submitted any evidence to prove that we defamed him, and it's simply just been trying to extract money from us through legal fees in order to hurt us.
00:11:08.640 I've paid more than $33,000 fighting this, so if you can contribute even $5, it does help lighten the load of all of the legal costs I've been having to pay.
00:11:17.100 And then, if you want to sign up on my website, wyattclaypool.com, like the legal fund that is linked in the comments and the description, so that you can go and sign up on my website if you want recommendations for nomination races and leadership races, both federally and provincially, and I can basically give you advice, kind of insight on who I'd vote for in any given jurisdiction in ranking them by who's most conservative to who's least conservative.
00:11:43.220 And I guess this is a good time.
00:11:45.720 No, I'll do it next time.
00:11:46.820 I should start shouting out some good people running for conservative nominations around the country.
00:11:51.280 One guy on the island, Charles Borg, if you happen to be living in the riding that he's running in, I have to get the exact name of the riding.
00:11:58.320 He's great, very conservative guy.
00:12:00.420 There are really good conservative candidates in these nominations.
00:12:02.760 Not like a bunch of them are horrible, but there are people who are running for the sake of running, and then there's people who are actual conservatives, actual backbone who will push for really tough policy reforms, and that's somebody that Charles Borg is.
00:12:15.880 Anyways, that's it for me today, guys.
00:12:17.840 Have a good one.