THeBlueCashew

This...


....announcing a huge tax increase of any kind right before an election?

C'mon, get real Liberals.

You aint gonna last much longer with policies like that.

Quote from: JOE on April 29, 2024, 04:40:18 PMThis...

....announcing a huge tax increase of any kind right before an election?

C'mon, get real Liberals.

You aint gonna last much longer with policies like that.

You stupid fuckers should have assassinated that cunt years ago!!!

Sweet Jeebus! 50% tax outright? OFF WITH HIS HEAD!!!!! 67%? Best get to it quicker!!!

US politics is a see-saw that takes 8 years to do a full upsie-downsie

Quote from: JOE on April 29, 2024, 04:40:18 PMThis...

....announcing a huge tax increase of any kind right before an election?

C'mon, get real Liberals.

You aint gonna last much longer with policies like that.

YOu're not understanding the bigger picture yet are you?

Not surprising.

These fuckheads are doing this out in the open because they know something that YOU and the average person like you doesn't. THat this idea YOU have a say and/or choice electing those that lead is just an illusion. They've already got the action plan to get this to retain power NO MATTER what he does.

Quote from: JOE on April 29, 2024, 04:40:18 PMThis...

....announcing a huge tax increase of any kind right before an election?

C'mon, get real Liberals.

You aint gonna last much longer with policies like that.

That will not affect you, Senile Joe.

It will not affect many people.

Shit, it will only affect me if I have a really good year with my investments.  And it only increase the tax on Capital Gains earned over and above $250,000.

Quote from: Lokmar on April 29, 2024, 05:59:57 PMYou stupid fuckers should have assassinated that cunt years ago!!!

Sweet Jeebus! 50% tax outright? OFF WITH HIS HEAD!!!!! 67%? Best get to it quicker!!!

That video is misleading.

Historically, Capital Gains have only been taxed at 50% of the rate as regular income.  So if you made $X in Capital Gains, you were taxed as if you have regular income of $X/2.  Say your marginal tax rate was 30%.  This would mean the effective tax rate on Capitals Gains was 15%.

This new rate of 67% is only applied on Capital Gains realized over $250K.  Anything before that is still taxed at 50% of the tax rate you will pay on regular income.

In my province, the highest marginal tax rate (for provincial plus federal income tax) is 46.16%.  So the most a person will pay on Capital gains is 23.08% on the first $250K, and 30.92% on the amount over $250K.


Make sense?

I should also mention that Senile Joe is retarded.

Quote from: TheProwler on April 30, 2024, 03:59:50 AMThat will not affect you, Senile Joe.

It will not affect many people.

Shit, it will only affect me if I have a really good year with my investments.  And it only increase the tax on Capital Gains earned over and above $250,000.

It will affect doctors.

Quote from: TheProwler on April 30, 2024, 04:11:55 AMThat video is misleading.

Historically, Capital Gains have only been taxed at 50% of the rate as regular income.  So if you made $X in Capital Gains, you were taxed as if you have regular income of $X/2.  Say your marginal tax rate was 30%.  This would mean the effective tax rate on Capitals Gains was 15%.

This new rate of 67% is only applied on Capital Gains realized over $250K.  Anything before that is still taxed at 50% of the tax rate you will pay on regular income.

In my province, the highest marginal tax rate (for provincial plus federal income tax) is 46.16%.  So the most a person will pay on Capital gains is 23.08% on the first $250K, and 30.92% on the amount over $250K.


Make sense?

Yes, that is a much different situation. So at 67% of 46.16%, it would be 30.92% actual taxation.

Here, they're talking about making it 44% overall and there's talk about taxing unrealized gains. If they do, people will say "fuck investing!"

Quote from: Lokmar on April 30, 2024, 09:23:13 AMHere, they're talking about making it 44% overall and there's talk about taxing unrealized gains. If they do, people will say "fuck investing!"

Actually LokmarL okmeer,  that's what many of its critics here have pointed out. And it's just a disguised form of an inheritance tax which may well discourage further investment.

Even this former leftist politician points this out:


Plus...Trudeau and his guv spent so much time overimmigrating too many immigrants and now the Bill's have to be paid to accommodate them.

I gotta admit as a moderate liberal I think Trudeau is an idiot.

Way too impulsive. He doesn't think things thru.

Plus he legalized many street drugs and now the drug problem in Canada is getting worse.

I wouldn't mind if he got the boot.

Quote from: JOE on April 30, 2024, 12:05:38 PMActually LokmarL okmeer,  that's what many of its critics here have pointed out. And it's just a disguised form of an inheritance tax which may well discourage further investment.

Even this former leftist politician points this out:

Plus...Trudeau and his guv spent so much time overimmigrating too many immigrants and now the Bill's have to be paid to accommodate them.

I gotta admit as a moderate liberal I think Trudeau is an idiot.

Way too impulsive. He doesn't think things thru.

Plus he legalized many street drugs and now the drug problem in Canada is getting worse.

I wouldn't mind if he got the boot.

I hate government so much, I'd take cash money and buy metals, even if the metals went down, just to prevent future taxation by the government. When they ask if I have gold and silver? Nope, not a single oz!

Quote from: Lokmar on April 30, 2024, 01:19:12 PMI hate government so much, I'd take cash money and buy metals, even if the metals went down, just to prevent future taxation by the government. When they ask if I have gold and silver? Nope, not a single oz!

You are still replying to Joe. :crazy:

Quote from: Brent on April 30, 2024, 01:49:03 PMYou are still replying to Joe. :crazy:

Actually Brent rent, I'm doin' the same as LokmarL okmeer.

I've been steadily buyin' gold 'n silver too.

since you said you get this fat pension and a sizeable retirement fund you oughta think about socking some of it away in precious metals instead of fake money/fiat currency, eh?

I saw this one video recently where at the rate the Canadian dollar is goin, it could well be worth only .50 cents in 10 years. Especially the way the government is pilin up so much debt.

For this reason, I'm reluctant to save in Canadian dollars, eh.

Quote from: Brent on April 30, 2024, 01:49:03 PMYou are still replying to Joe. :crazy:

I actually found the video to be informative.

Quote from: JOE on April 30, 2024, 02:03:20 PMActually Brent rent, I'm doin' the same as LokmarL okmeer.

I've been steadily buyin' gold 'n silver too.

since you said you get this fat pension and a sizeable retirement fund you oughta think about socking some of it away in precious metals instead of fake money/fiat currency, eh?

I saw this one video recently where at the rate the Canadian dollar is goin, it could well be worth only .50 cents in 10 years. Especially the way the government is pilin up so much debt.

For this reason, I'm reluctant to save in Canadian dollars, eh.

Shush, Hetero Incel Jo Jo.

If you can't shush, get ThielT to plug your blowhole with his conservative god rod.

Quote from: Frood on April 30, 2024, 02:43:20 PMShush, Hetero Incel Jo Jo.

If you can't shush, get ThielT to plug your blowhole with his conservative god rod.

Seems like ya need it the most Frood.

You once said you had a Va(Man?)Gina so go for it, Frood!

Quote from: JOE on April 30, 2024, 02:46:28 PMSeems like ya need it the most Frood.

You once said you had a Va(Man?)Gina so go for it, Frood!

I'm sorry that you're in your 70's and haven't seen a vagina since your mum petitioned your grandfather for child support...

Quote from: DKG on April 30, 2024, 07:14:59 AMIt will affect doctors.

Some, sure.

Not many.

I gotta say, people who are making a big deal about this, but are not constantly making a big deal about increasing tax brackets for higher income amounts, are kinda just jumping on a bandwagon.

Why are you not making a fuss about tax brackets that increase, but making a fuss about this?

On one hand, Senile JOEJ complains about people like me who retire early and live off my savings and investments.

Now, on the other hand, he is whining that I am going to be taxed another $20K or so every year.

Thanks for your concern, Senile Joe, but if I cannot handle paying a little bit more in tax then it is my own fault.

Quote from: TheProwler on April 30, 2024, 04:50:39 PMI gotta say, people who are making a big deal about this, but are not constantly making a big deal about increasing tax brackets for higher income amounts, are kinda just jumping on a bandwagon.

Why are you not making a fuss about tax brackets that increase, but making a fuss about this?

On one hand, Senile JOEJ complains about people like me who retire early and live off my savings and investments.

Now, on the other hand, he is whining that I am going to be taxed another $20K or so every year.

Thanks for your concern, Senile Joe, but if I cannot handle paying a little bit more in tax then it is my own fault.

Well, josephine is a shit stirring douchebag so.......

Quote from: Frood on April 30, 2024, 02:43:20 PMShush, Hetero Incel Jo Jo.

If you can't shush, get ThielT to plug your blowhole with his conservative god rod.

I do that every night.

Quote from: TheProwler on April 30, 2024, 04:50:39 PMI gotta say, people who are making a big deal about this, but are not constantly making a big deal about increasing tax brackets for higher income amounts, are kinda just jumping on a bandwagon.

Why are you not making a fuss about tax brackets that increase, but making a fuss about this?

On one hand, Senile JOEJ complains about people like me who retire early and live off my savings and investments.

Now, on the other hand, he is whining that I am going to be taxed another $20K or so every year.

Thanks for your concern, Senile Joe, but if I cannot handle paying a little bit more in tax then it is my own fault.

Hey @The Prowler go buy some more runners.

I mean...40 pairs isn't enough.  :s_laugh:

Quote from: JOE on April 30, 2024, 10:21:28 PMHey @The Prowler go buy some more runners.

I mean...40 pairs isn't enough.  :s_laugh:

Does anyone know anyone with 40 pairs of runners?

Quote from: TheProwler on May 01, 2024, 12:20:32 AMDoes anyone know anyone with 40 pairs of runners?

The stereotype is old dude with a cool car wearing New Balance = gonna get yur ass kicked!

Quote from: TheProwler on May 01, 2024, 12:20:32 AMDoes anyone know anyone with 40 pairs of runners?

My late uncle was a multimillionaire who owned 3 pairs of runners at very most. His family sold the business he built for several million dollars to Gordon Food Services after he died.

He was a frugal hardworking man who dropped out of school during the Great Depression to support his family TheProwlerT .

Since he grew up in hard times he didn't throw his money away on frivolous things.

Quote from: JOE on May 01, 2024, 01:05:03 AMMy late uncle was a multimillionaire who owned 3 pairs of runners at very most. His family sold the business he built for several million dollars to Gordon Food Services after he died.

He was a frugal hardworking man who dropped out of school during the Great Depression to support his family TheProwlerT .

Since he grew up in hard times he didn't throw his money away on frivolous things.

Does anyone know anyone who threw their money away?

Quote from: TheProwler on April 30, 2024, 04:31:53 PMSome, sure.

Not many.

More than one might think.


Prime Minister Justin Trudeau is rejecting a call from some doctors for his government to reconsider its planned capital gains tax hike.

The doctors warn that the tax change could undermine efforts to recruit and retain physicians in Canada and threaten the stability of the health-care system.

Canadian Medical Association president Kathleen Ross told the Canadian Press earlier Tuesday that many doctors would be be hit by the hike because they incorporate their medical practices and invest for their retirement within their corporations.

Ross said many doctors set themselves up as small businesses, incorporating their practices to help them deliver services to their patients.

In a statement posted on the CMA website, Ross said the hike "will create another barrier to retaining and recruiting physicians in a time when our health system and the providers within it are already under constant strain."

The statement says that the tax increase undermines the well-being of doctors and "jeopardizes the stability of our struggling health-care system" at a time when physicians are already leaving the profession or reducing their hours.

Ross's concerns were echoed by the non-profit organization Doctors Manitoba.
https://www.cbc.ca/news/politics/doctors-retirement-capital-gains-1.7181885#:~:text=Prime%20Minister%20Justin%20Trudeau%20is%20rejecting%20a%20call,and%20threaten%20the%20stability%20of%20the%20health-care%20system.

A lot of the reason Trudeau HAS to introduce this tax is he over promised, over immigrated and overspent & now the Bill's have come due.

Such an idiot.

Painted himself into a corner

Socialism can work like it does in Scandinavia but even those countries understand that it costs money & has limits.

Quote from: DKG on May 01, 2024, 07:16:13 AMMore than one might think.


Prime Minister Justin Trudeau is rejecting a call from some doctors for his government to reconsider its planned capital gains tax hike.

The doctors warn that the tax change could undermine efforts to recruit and retain physicians in Canada and threaten the stability of the health-care system.

Canadian Medical Association president Kathleen Ross told the Canadian Press earlier Tuesday that many doctors would be be hit by the hike because they incorporate their medical practices and invest for their retirement within their corporations.

Ross said many doctors set themselves up as small businesses, incorporating their practices to help them deliver services to their patients.

In a statement posted on the CMA website, Ross said the hike "will create another barrier to retaining and recruiting physicians in a time when our health system and the providers within it are already under constant strain."

The statement says that the tax increase undermines the well-being of doctors and "jeopardizes the stability of our struggling health-care system" at a time when physicians are already leaving the profession or reducing their hours.

Ross's concerns were echoed by the non-profit organization Doctors Manitoba.
https://www.cbc.ca/news/politics/doctors-retirement-capital-gains-1.7181885#:~:text=Prime%20Minister%20Justin%20Trudeau%20is%20rejecting%20a%20call,and%20threaten%20the%20stability%20of%20the%20health-care%20system.

My son in law went to med school in Illinois. Not a single graduate from his class stayed in Illinois in spite of the big sign on bonus' because of Illinois Tax Burden and general business climate. He went to Florida even though the sign on bonus was much less because the benefits of being in Florida blow Illinois out of the water. Florida has 0% income tax. Illinois has 4.95%.

Quote from: Lokmar on April 30, 2024, 02:10:45 PMI actually found the video to be informative.

Not to anybody in this country. But, Joe posted it with fingers crossed you would reply. And you didn't let him down.

Quote from: Brent on May 01, 2024, 01:25:29 PMNot to anybody in this country. But, Joe posted it with fingers crossed you would reply. And you didn't let him down.

Glad to help!

Anywho, is it bullshit that people are against this and believe it will smother investments and create an inheritance tax? I can tell you our mummy in chief is proposing even worse and if it happens, the markets will be fucked!

Quote from: Lokmar on May 01, 2024, 01:32:53 PMGlad to help!

Anywho, is it bullshit that people are against this and believe it will smother investments and create an inheritance tax? I can tell you our mummy in chief is proposing even worse and if it happens, the markets will be fucked!

Canadians do not want to give Trudeau more money. He never spends it wisely. Only his rich prog friends benefit.

Quote from: Brent on May 01, 2024, 01:34:14 PMCanadians do not want to give Trudeau more money. He never spends it wisely.

No doubt! Thats what I got from the video.

Quote from: Lokmar on May 01, 2024, 01:32:53 PMGlad to help!

Anywho, is it bullshit that people are against this and believe it will smother investments and create an inheritance tax? I can tell you our mummy in chief is proposing even worse and if it happens, the markets will be fucked!

I thought Trudeau could have done it a lot differently.

Just lay off people who own ONE vacation home on top of their main home.

Many people have owned vacation homes throughout the past 100 years.

While I think there's a case to go after land hoarders, the common folk who just want an extra home shouldn't be taxed.

Trudeau us a lot like his friend Obama. Geez no wonder their buddies. Neither is terribly practical. Didn't Obama lower the top marginal tax rate to $250,000 in the US? Then he wondered why they weren't creating any jobs. Even his supporters like Buffet and Steve Jobs told him he didn't have a plan.

Quote from: JOE on May 01, 2024, 04:53:18 PMI thought Trudeau could have done it a lot differently.

Just lay off people who own ONE vacation home on top of their main home.

Many people have owned vacation homes throughout the past 100 years.

While I think there's a case to go after land hoarders, the common folk who just want an extra home shouldn't be taxed.

Trudeau us a lot like his friend Obama. Geez no wonder their buddies. Neither is terribly practical. Didn't Obama lower the top marginal tax rate to $250,000 in the US? Then he wondered why they weren't creating any jobs. Even his supporters like Buffet and Steve Jobs told him he didn't have a plan.

That stupid nigger promised that his tax hike wouldnt affect anyone under $250K. People like me said it was a lie, people like you said it wasnt, people like me were right and people all the way down to 60K/yr got a tax hike. Served the cunts right for believing that dumb dog eater snake oil selling nigger!

Quote from: Lokmar on May 01, 2024, 01:35:06 PMNo doubt! Thats what I got from the video.

Apparently the Liberals in Canada aren't alone on hiking capital gains taxes LokmarL okmeer!


Its happenin in the good old USA too!

Quote from: JOE on May 01, 2024, 06:52:50 PMApparently the Liberals in Canada aren't alone on hiking capital gains taxes LokmarL okmeer!

Its happenin in the good old USA too!

So if you sell gold you'd have to pay a capital gains tax?

What, you really thought the government was going to let you make money?

45 percent for the big guy!  :Doh2:

Quote from: Oliver the Second on May 01, 2024, 07:32:23 PMSo if you sell gold you'd have to pay a capital gains tax?

Yeah.

But I think that's always been the rule. And on the USA too. They don't charge tax to buy it but when you sell it gets taxed.

However now it's more strictly enforced.

I saw this place that's paying cash only for gold.

I suppose those places ll become more appealing for those who wanna sell their gold.

Quote from: JOE on May 01, 2024, 08:09:19 PMYeah.

But I think that's always been the rule. And on the USA too. They don't charge tax to buy it but when you sell it gets taxed.

However now it's more strictly enforced.

I saw this place that's paying cash only for gold.

I suppose those places ll become more appealing for those who wanna sell their gold.

I'll be able to get rid of mine tax free. No problemo.

Quote from: DKG on May 01, 2024, 07:16:13 AMMore than one might think.


Prime Minister Justin Trudeau is rejecting a call from some doctors for his government to reconsider its planned capital gains tax hike.

The doctors warn that the tax change could undermine efforts to recruit and retain physicians in Canada and threaten the stability of the health-care system.

Canadian Medical Association president Kathleen Ross told the Canadian Press earlier Tuesday that many doctors would be be hit by the hike because they incorporate their medical practices and invest for their retirement within their corporations.

Ross said many doctors set themselves up as small businesses, incorporating their practices to help them deliver services to their patients.

In a statement posted on the CMA website, Ross said the hike "will create another barrier to retaining and recruiting physicians in a time when our health system and the providers within it are already under constant strain."

The statement says that the tax increase undermines the well-being of doctors and "jeopardizes the stability of our struggling health-care system" at a time when physicians are already leaving the profession or reducing their hours.

Ross's concerns were echoed by the non-profit organization Doctors Manitoba.
https://www.cbc.ca/news/politics/doctors-retirement-capital-gains-1.7181885#:~:text=Prime%20Minister%20Justin%20Trudeau%20is%20rejecting%20a%20call,and%20threaten%20the%20stability%20of%20the%20health-care%20system.

That is all theater to highlight the importance of doctors.

Next thing you know, they will be saying they need to be paid more.  That is the end game.

Someone who is earning over $250K per year solely in Capital Gains does not need to be paid more.  And the benefit of sheltering one's investments under a corporation has less benefit now.

That is their real concern.

They are not hitting $250K in Capital Gains.  It is the investments they are sheltering in their corporations.

The investments in their corporations are already taxed at half the rate it would be if they paid themselves.

There is a shortage of doctors and those fuckin' weasels just want to take advantage of taxpayers.  The government should hire some business process analysts to optimize the operations in these private family doctor practices.  We could streamline their operations and justify a significant reduction in their government paid income.

Honestly, fuck them.

This whole issue is being blown out of proportion.

And while it might appear that popular opinion is against it, remember that people vote anonymously.

Most people like Senile JOEJ will tend to like this policy because he has the "stick it to the elite" mentality.  There are a lot of people with that mentality.  They know it will never affect them, so they like it.  So while they follow the pack on this like Senile JOEJ and talk like they are against it, secretly they support it.

Politically, I think this is a winning position for the Liberals and I think the Conservatives are fucking up by making it a bigger deal than it really is...

Quote from: TheProwler on May 02, 2024, 01:03:58 AMThis whole issue is being blown out of proportion.

And while it might appear that popular opinion is against it, remember that people vote anonymously.

Most people like Senile JOEJ will tend to like this policy because he has the "stick it to the elite" mentality.  There are a lot of people with that mentality.  They know it will never affect them, so they like it.  So while they follow the pack on this like Senile JOEJ and talk like they are against it, secretly they support it.

Politically, I think this is a winning position for the Liberals and I think the Conservatives are fucking up by making it a bigger deal than it really is...

Actually TheProwlerT he Prowler - I am and have traditionally been a Liberal voter in Canada. However, I think they are and have been fucking up in their last term/mandate.

Also, it is a mistake to mention or introduce new taxes in a runnup to an election year.

I'm not pleased with the way Trudeau and the Liberals are running the country.

They overimmigrated, overspent and of course now the bills have come due.

It's rather self evident after the Pandemic ended, they should have just shut off the tap & become more fiscally conservative in their approach.

Conservatives don't like it when I criticize their policies.
But Liberals don't like it either.

I just try to be as objective as I can.
And so I call them out.

And I'm afraid as a traditional Liberal voter, the Liberals and Trudeau don't deserve another chance this time Prowler. It actually pains me to say that but it is the truth.

Scandinavians - who are often thought of as a Socialist Paradise - compared with the Liberal/Ndp coaltion in Canada, are actually quite fiscally responsible. They either manage to balance their budgets or else keep the gdp to debt ratio low.

They realize that Socialism, social programs and mass immigration cost money.

The politicians who implement expensive programs and subsequent tax hikes should think before they do and passing the bill off to the taxpayer.

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).

Quote from: TheProwler on May 02, 2024, 12:55:07 AMThat is all theater to highlight the importance of doctors.

Next thing you know, they will be saying they need to be paid more.  That is the end game.

Someone who is earning over $250K per year solely in Capital Gains does not need to be paid more.  And the benefit of sheltering one's investments under a corporation has less benefit now.

That is their real concern.

They are not hitting $250K in Capital Gains.  It is the investments they are sheltering in their corporations.

The investments in their corporations are already taxed at half the rate it would be if they paid themselves.

There is a shortage of doctors and those fuckin' weasels just want to take advantage of taxpayers.  The government should hire some business process analysts to optimize the operations in these private family doctor practices.  We could streamline their operations and justify a significant reduction in their government paid income.

Honestly, fuck them.

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."

Younger doctors should pack up and move to places like Florida and let them socialistic Cucknadians die from the substandard treatment they will get from the remaining doctors who graduated at the bottom of their class.

My son in law makes $400K+/yr and pays 0% state income tax to boot!

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.

Quote from: Frood on May 02, 2024, 02:09:53 AMJoe'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.

Quote from: JOE on May 02, 2024, 01:23:14 AMActually TheProwlerT (https://thebluecashew.net/index.php?action=profile;u=3379)he Prowler - I am

I stopped reading there.

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

Quote from: DKG on May 02, 2024, 07:26:34 AMIt'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.

Quote from: TheProwler on May 02, 2024, 11:46:58 PMI stopped reading there.

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

You know the answer to that.

Quote from: TheProwler on May 02, 2024, 11:46:58 PMI 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.

Quote from: Herman on May 03, 2024, 12:03:04 AMYou know the answer to that.

Hahahaha!!!