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Metropass tax credit: To be implemented July 1, 2006 (pg. 4)
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| Orko |
| quote: | Originally posted by AwakenedAddict
Yeh, you're right.. all of us metropassholders just go driving around on the weekend with the cars we don't have. |
Please read my post again. I said people do not buy a metro pass because they have their own transportation on the weekends.
I do know people like that, some people on this board, and people at work.
I for one am not buying a pass because I can bike where I want on the weekends when not travelling down town. |
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| AwakenedAddict |
| quote: | Originally posted by Orko
Please read my post again. I said people do not buy a metro pass because they have their own transportation on the weekends.
I do know people like that, some people on this board, and people at work.
I for one am not buying a pass because I can bike where I want on the weekends when not travelling down town. |
touche |
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| AwakenedAddict |
| quote: | Originally posted by TO guy
if they guys all decked out in the ghetto had a job that paid substantially more than whatever they have now, I think that would be a bigger factor in their wealth than their spending habits. |
There are only a finite number of good jobs. If everyone got paid a bit more, then prices would just inflate to the point that people wouldn't notice much change in the purchasing power of their dollar.
On the otherhand, if someone can afford a $100 pair of jeans, surely they can afford a metropass. That is if they save their money for the metropass, instead of spending it on jeans. |
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| TO guy |
| quote: | Originally posted by AwakenedAddict
There are only a finite number of good jobs. If everyone got paid a bit more, then prices would just inflate to the point that people wouldn't notice much change in the purchasing power of their dollar.
On the otherhand, if someone can afford a $100 pair of jeans, surely they can afford a metropass. That is if they save their money for the metropass, instead of spending it on jeans. |
all I'm trying to say is that employment is a larger factor than spending. Not so much on an individual group basis, but on a larger scale. Like the folks living in Rosedale are spending a lot more than the people living in Regeant Park ..... |
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| AwakenedAddict |
| quote: | Originally posted by TO guy
all I'm trying to say is that employment is a larger factor than spending. Not so much on an individual group basis, but on a larger scale. Like the folks living in Rosedale are spending a lot more than the people living in Regeant Park ..... |
In a perfect world we would all have great jobs. Sadly, that is not the case in REALITY. Job opportunities are dictated by your skill set and the opportunties provided to you. This is not equal for everyone.. however, all people have the ability, if not the willpower, to control their spending habits. |
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| TO guy |
| quote: | Originally posted by AwakenedAddict
In a perfect world we would all have great jobs. Sadly, that is not the case in REALITY. Job opportunities are dictated by your skill set and the opportunties provided to you. This is not equal for everyone.. however, all people have the ability, if not the willpower, to control their spending habits. |
yeah true, but if I didn't make anything, and didn't spend anything, I still wouldn't have anything. |
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| Jayx1 |
upfront subsidizing would require agreements with the city of toronto, ttc and the province since transit is not under federal authority. And none of those people seem willing to work with the federal government. And if it did work, it would take ages to form an agreement and implement it. Federal income tax is already a federal jurisdiction so this is actually a clever way of implementing a subsidy without getting involved inr ed tape.
Doing it this way saves the aggravation and brings the savings to you starting July 2006.
The way the TTC and the city have been lately, i think its much safer to just deduct it from federal taxes |
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| AwakenedAddict |
| quote: | Originally posted by Jayx1
The way the TTC and the city have been lately, i think its much safer to just deduct it from federal taxes |
In addition, with the current fiscal imbalance the feds can afford it ;) |
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| TO guy |
| On a related note, some stations are accepting debit and credit cards for metro pass purchases. Nice, I hate cash. |
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| Spam |
| quote: | Originally posted by TO guy
yeah true, but if I didn't make anything, and didn't spend anything, I still wouldn't have anything. |
Yup, but if you have a little, and didn't spend anything, that little can turn into a lot. There's a HUGE difference between "little" and "nothing".
The ammount of income you bring in is only the most important factor up to the point that you're making $12 an hour (I can live off $10, which means so can anyone else). Then, your spending potential is entirely based on spending habits. To put "making a living" into perspective... 10-12 bucks an hour is the bare minimum that most non-fast-food companies pay their workers. IOW, ANYONE can make a living. They just need to live within their means.
I've known many people who aren't well-off in my life, and they all share one thing in common. They have horrible spending habits. They waste money on new TVs and expensive clothes and ty used cars and endless other peices of junk that they buy for who knows what reason. A couple of these families made MORE money than my parents brought in, but we were always 'well off' compared to these people because my parents were incredibly disciplined with their spending.
In other words, that cellphone and $100 pair of jeans probably has MORE to do with these people's poverty than the ammount of income they bring in. Awakened Addict is 100% correct that these idiots should be saving their money on those jeans and buying a metropass instead. If they want those $100 jeans, they can go out and get them... When they get their money back during tax season from all the metropasses they bought instead.
Awakened is also correct in spelling out for you that more money for poor people isn't the answer. If everyone was paid more, prices would just go up (that's how inflation works!!!). We've already seen a perfect example in Ontario as minimum wage is being raised to $8 an hour. Fast food prices have already jumped to cover the extra cost of labour. They will again next February too. |
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| dallastar |
4 dolars back - wooooopie dooooooooooo
ttc:whip: :whip: :whip: |
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| Spam |
| quote: | Originally posted by dallastar
4 dolars back - wooooopie dooooooooooo
ttc:whip: :whip: :whip: |
UH...
Regular Metropass Price: $99.75 per month
OR
Metropass Discount Plan: $91.50 per month
Federal Tax Credit: - $14.18 per month
Actual Cost of Metropass: $77.32 per month
That looks like 14 dollars to me. |
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