Hey PACKER__You KEEP Getting Us OF COURSE eh !!!
STAY FOCUSSED on the ISSUE With the NEW Capital Gains RATES
I WAS Simply Addressing the ""FED MESSAGING""__That the CHANGES
Were
ALL About Tax FAIRNESS__AND That the
VERY RICH Should
Pay
a LITTLE MORE__And that There Will
ONLY BE Less than 45,000 Tax Payers AFFECTED
I Was USING Farmer JOE as Example of ONE of the HARDER HIT Canadians
Virtually NONE of the TRUE Farmers (NOT HOBBY FARMERS Looking for Tax
WriteOffs)
Were EVER Very RICH all the Decades they Worked VERY HARD
BUT All of the SUDDEN at the END of the ROAD__When they SELL the Farm
OR they PASS Away__They ARE PUNTED Into the VERY RICH Category.
So For This ONE and ONLY TIME Farmer JOEs NOW HAVE to PAY ""Just a
LITTLE MORE"" Tax eh !!!
And THIS SCENARO Will BE PLAYED OUT for EVERY Full Time FARMER JOE
so We Are LOOKING at 100s of Thousands__INSTEAD of the ""LESS Than
45,000"" Fed Messaging eh !!!!
WHERE is the ""Tax FAIRNESS"" in THIS eh ????
ESPECIALLY Since USUALLY Farmer JOE Ends up PAYING ""GAINS"" Taxes
Simply ON DECADES of INFLATION__
NOT TRUE ""GAINS"" BOTTEM LINE is that the ONLY WAY Tax ""FAIRNESS"" Could Have BEEN
ACHIEVED Would Have BEEN that
EVERYONE Pays the NEW 2/3rd Tax Rate
WITHOUT the 250K Exemption HECK__The Capital Gains Rate WAS @ 75% from 1990 to 2000__For
EVERYONE__Was NOT the END of the WORLD !!!
This TARGETTED New Capital Gains POLICY is Just MORE of the Liberal/NDP
Coalition VILLIFYING the ""VERY RICH""__Simply for POLITICAL Vote Getting
Reasons.