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prosequence · 11-08-2003, 07:17 PM

Bit of a hot topic here in Canada, Insurance rates have doubled and tripled over the last two years. Insurance companies say it's because of soft tissue claims and blah blah blah ...THEY LOST THEIR MONEY IN MARKET INVESTMENTS.... GRR....anyway In our provinces it is law that you have to have insurance, the government collects tax on the insurance. The way I see it, the government has no real incentive to lower the rates of insurance cause that would be a dip in funding.....
Should the government not be allowed to tax things that are mandatory by the law it creates?

(Yes I"m aware this applies to many other things... but it's insurance that's my beef today)

11-08-2003, 07:17 PM	#1 (permalink)
prosequence Psycho Location: YOUR MOM!!	Insurance Bit of a hot topic here in Canada, Insurance rates have doubled and tripled over the last two years. Insurance companies say it's because of soft tissue claims and blah blah blah ...THEY LOST THEIR MONEY IN MARKET INVESTMENTS.... GRR....anyway In our provinces it is law that you have to have insurance, the government collects tax on the insurance. The way I see it, the government has no real incentive to lower the rates of insurance cause that would be a dip in funding..... Should the government not be allowed to tax things that are mandatory by the law it creates? (Yes I"m aware this applies to many other things... but it's insurance that's my beef today) __________________ And now here I stand because of you, Mister Anderson, because of you I'm no longer an agent of the system, because of you I've changed...