TRANSPARENCY AND ETHICS AND THE

VOTING PROCESS FOR GOVERNMENT

BY: PAUL YOUNG, CPA, CGA

AGENDA

• What is integrity?

• What are ethics?

• How do people vote?

• How are campaign promises funded?

• The wealthiest or top 1%

• What you need to ask of your politicians?

WHAT IS INTEGRITY?

• the quality of being honest and having strong moral principles; moral uprightness.

WHAT ARE ETHICS?

• moral principles that govern a person's or group's behavior.

ASK YOURSELF THESE QUESTION

• What is this person going to do to make my life more affordable?

• What is this person going to do ensure my kids and my grandkids have a future?

• Would you date or be involved with someone that had not integrity or ethics?

• So, why would you vote for a person with no integrity or ethics?

• Do you just date based on looks?• If so, do you drive a care without testing driving it or judge a book by its cover?

HOW DO PEOPLE VOTE?

Personal of voter• Fear• What is in for me and my family?• Leadership is inept• Leadership is corrupt• Leadership has nice smile and/or looks good on

the camera• Leadership has no personality• Leadership has no ethics and integrity

WHY DO PEOPLE VOTE ON EMOTION

• Speeches include use of social media are gear to put the fear into people.

• Voters are concern about their future and rather vote for the devil they know than the devil they do not know.

• Mainstream media are more interested at times with getting the dish on candidates and not the issues.

• Reality TV has come into people’s lives as such politicians like to use mainstream media as vehicle to get their image out to wider audience using smart devices.

WHY SHOULD PEOPLE VOTE BASED ON POLICIES

• All campaign promises have to be properly funded.• There is so such thing as free ride. Someone else has to pay the freight for the person

getting the free ride

• Minimum wage

• Minimum wage is not design to be a career

• What is source of funding programs?

• Taxpayers (Citizens and business)

• Margaret Thatcher said it best https://www.youtube.com/watch?v=PAGqKhSw5Lg

• Deficits and Debt are future taxes to you.

LIBERAL GOVERNMENT OF CANADA• Prime Minister Justin Trudeau says financial donation limits in federal politics are too low for wealthy donors to buy

influence with his cabinet ministers.

• Mr. Trudeau defended the ruling party’s cash-for-access fundraisers in the House of Commons on Tuesday after reports in The Globe and Mail about events in which Canadians pay up to $1,500 a ticket for privileged time with cabinet members in charge of key spending and policy decisions.

• “In our federal system, we have very clear, restrictive and robust rules concerning fundraising. It’s impossible for someone to give more than $1,500 per year to a federal party. … That is why we don’t have money influencing political decisions,” Mr. Trudeau told the House. “The rules in place ensure that when those rules are followed there are no ethical breaches.”

• Source - http://www.theglobeandmail.com/news/politics/trudeau-defends-cash-for-access-fundraising/article32523956/ or http://www.cbc.ca/news/politics/political-fundraising-liberals-ethics-money-1.3824260

THE TOP 1%

• Wealthiest invest money in the stock market, real estate and other investment opportunities

• Investment in stock and real estate create wealth. Income is tax and not wealth

• Capital inflow to a business allows business to expand and grow in size

• Pay well over 50% of the income to taxes (state/province, federal, municipal)

• Source: https://www.youtube.com/watch?v=hWarBMfshaA

WHAT QUESTIONS TO ASKED OF YOUR POLITICIANS

• How are you going to pay for all your promises?

• How are you going to create the conditions that will encourage economic growth?

• How are you going to protect me and my family?

• How are you going to protect the environment?

• How are you going to support education and healthcare? • Reduce wait times, access to doctor, cost of healthcare

• Training and Skills development

OTHER SOURCES:

• Middle class - http://www.slideshare.net/paulyoungcga/middle-class-and-quality-of-life-canada

• How do Corporate Tax Flow? http://www.slideshare.net/paulyoungcga/how-do-corporate-profits-flow

• Carbon Taxation- http://www.slideshare.net/paulyoungcga/what-is-carbon-tax-or-a-price-for-carbon

• Debt/Deficit - http://www.slideshare.net/paulyoungcga/what-does-government-deficits-and-debt-mean-to-youppt