Why I definitely think the Liberals are headed for a massive defeat in the Next Election

[JOE]

Canadian Doctors who own just one vacation home are not the problem and never were.

It's the Land Hoarders - ie primarily from Asia aka China who buy 5, 10 20 homes - and then we wonder why there's a 'housing shortage' in Canada.

This problem doesn't exist in places like Dubai - simply because the government there doesn't permit foreigners to own the land and hoard like that.

We should stop living the lie and admit the truth.

But the government won't do that because the Canqdian economy and their administration is propped by offshore real estate investors.

Punish the Land Hoarders, not Canadian families or Doctors.

BTW, Land hoarding is not capitalism. It's creating a monopoly which is the antithesis of true capitliasm - competition.

[Thiel]

Joe's ideas of left and right are highly skewed.

He's a product of sub room temperature parental IQ's,, fetal alcohol syndrome, lead paint chip poisoning as a tot, the MMR jab, and the incel nature of his 60 years as an adult on the earth.

I have nothing but admiration for ThielT ...

He's adopted one of perhaps biggest window lickers (obviously Seaboobs and Admong take 1st and 2nd place).

I know Jo Jo doesn't understand that we have no political spectrum in Canada, but by golly he makes up for his political ignorance in the sack.

[TheProwler]

Actually TheProwlerThe Prowler - I am

I stopped reading there.

If anybody else read more, please let me know if he said anything interesting.

[TheProwler]

It's a retroactive tax on a group of professionals who do not have access to pensions, sick days or insurance. The vast majority of family doctors and just doctors in general in Canada are practicing through what's called a professional corporation. It's a retroact5ive tax on a group of professionals who do not have access to pensions, sick days or insurance.

A capital gain is the difference between the cost of an asset, a holiday home, an investment property, a stock or a mutual fund and its total sale price.

Right now, only 50 per cent of capital gains are taxable; the budget proposes to increase that "inclusion rate" from 50 per cent to two-thirds on capital gains above $250,000 for individuals.

I agree with Jessica Brandon-Jepp of the Canadian Chamber of Commerce's senior director of fiscal and financial services policy who said the capital gains hike could affect growth. This at a time when Canada is experiencing a productivity crisis.

Former Liberal finance minister Bill Morneau also criticized the proposed changes to capital gains last week, saying it's "clearly a negative to our long-term goal, which is growth in the economy, productive growth and investments."

"This was very clearly something that, while I was there, we resisted. We resisted it for a very specific reason — we were concerned about the growth of the country," he said last week at a post-budget Q&A session with KPMG, one of the country's large accounting firms.

"I think we always have to recognize any measure that creates a disincentive for investment not only impacts us within the country but also impacts foreign investors that are looking at our country."

I know what is going on.  Haha!  I pay tax on Capital Gains every year.

Bill Morneau is worried about.....Bill Morneau.

His opinion is questionable because of his conflict of interest.

Increased tax percentages on increased levels of income is the norm.  This is just applying the same principle to Capital Gains.


And BTW people, this is always an ongoing game with the government.

You know what you all should be thinking about?

Not taxes.

You should be thinking about expenditures.  Government spending.  That is where we all should focus.

Taxes have to pay for the spending.  If the spending was disciplined, there would not be a need for tax increases.

[Herman]

I stopped reading there.

If anybody else read more, please let me know if he said anything interesting.

You know the answer to that.

[JOE]

I stopped reading there.

If anybody else read more, please let me know if he said anything interesting.

If you own a vacation home on to of your main residence/house, I don't think it should be taxed like the Trudeau/Liberal government has proposed.

I do support taxing the land hoarders tho because they are creating a monopoly, driving up prices/rents.

Monopolies are not free market capitalism.

[TheProwler]

You know the answer to that.

Hahahaha!!!