RE:RE:RE:ATTN: PACKER,,,,,,,,,,,,,,,,,,,,,,,,,
LOL...Good GAWD, Noble....you accusing me so "spinning"???? with your "LIBS BAD, CONS GOOD"
mantra like it was on a closed loop audio track ????
You actually "admire" rich people, Noble??? I can only repeat that pointing out "where the money is" is not villifying anybody. Going over statistics before and after Covid CLEARLY shows that wealthy taxpayers bennefited from outsized gains compared to the general population. Am I villifying the rich by pointing this fact out? I don't think so.
For the worker making 111,733 at work plus a one time 340k capital gain...he would have paid 14.4% on his cap gain before June 25th....after the inclusion rate change he'll pay 15.8% on that same 340k cap gain. His total federal tax bill on his income + his capital gain changes from 24.4% to 24.8%.
And he's still got about 286,393 sitting in his bank account (after June 25) when it's all over.
You make money, you pay taxes...you make more money you pay more taxes. (???)
Anyway, you just have a little over a year to wait before we have a Conservative government and all your dreams will come true....taxes will be SLASHED as well as all and any programs benifitting those "losers, druggies and the less ambitious"....we'll all have "powerful paycheques" and won't have to pay very much in taxes. It's going to be bloody NIRVANA I tell ya!....Can't wait!