Canadian Western Bank T.CWB

"Don't sweat the small stuff"

[packerdriver]

I must admit to having a bit of a chuckle at all the worrying about if it's dividends or capital gains related to the CWB/NA combination.....Who cares?
I remeber a lawyer telling me once: "There's no problem at all paying tax...IF you have the cash....the problem is being subject to tax when you're broke"

I'm in the camp that thinks if all the energy, resources and expense to minimize taxes was directed at researching, finding and buying promising investments......one would be farther ahead....by miles!
You got the profit, you got the money....quit obcessing....pay the taxes and move on!
Go where the puck is going to be!

[tylerreddick]

That was a pretty stupid post.

[packerdriver]

"Stupid post"?...You sound like you might be a financial advisor or tax lawyer.....;););) I'll first say that I'm only dealing with the federal tax here. Provinces all have different tax brackets and tax rates. I also don't account for any possible expenses, deductions and various tax credits that will potentially lower both taxable income and tax owing... An individual

[Red_Deer]

Hey PACKER__You Posted ""JUST PAY the Taxes"" and Smile/BE Happy eh Trouble IS that My TAX $$$$ Would BE Going to a Government WHICH Has TOTALLY LOST My Confidence IN Prudent USE/MANAGEMENT of MY $$$$ And THAT Goes for BOTH the FED and PROVINCIAL MISManagers !!!!!

[packerdriver]

Well, just stop paying taxes then. That'll show 'em!!! But I got a question.....if you were "king" how much lower would you set capital gains rates at???? If workers are being taxed at X percentage.....how much lower should capital gains be taxed at?? Half of X ?....One third of X ??? What the heck, why don't we have workers pay taxes and investors pay nothing at all on

[Red_Deer]

Hey PACKER__I AM OK with the Capital Gains Tax Rates__That is NOT What ANNOYS Me eh !!!! It IS the Current Federal AND Provincial Governments with their CONSTANT DEFICIT Spending__THUS Wasting My Capital Gains TAX $$$$ on TONS of INTEREST Payments INSTEAD of Programmes IN NEED.. And THAT is SomeThing I CAN and DO PLAN on Trying to CHANGE Come NEXT ELECTIONS

[packerdriver]

GOOD FOR YOU !!! The next guy says he's going to "axe" taxes....keep the programmes....eliminate deficits and reduce the debt. I hear ya.....What's not to like??? We do this about every ten years or so.....it's all good. Employment insurance, universal healthcare, the CPP, RRSPs, TFSAs, the CCB....we all march forward making progress.... under different governments.

[bubba9]

I was quite happy the way it was......