RE:ConfirmationMoemoney42 wrote: Of my earlier posts regarding the 50% inclusion rate affecting O&G stocks lately.. Kevin O'leary (love him or hate him) was just on BNN stating that he too was selling stock to captialize on the lower rate.. and his comment was "we all were" meaning the crowd he runs with.. which IMO are big money players..
Sad thing about this confirmation is that he said now that he has completed these sells that money is NOT coming back into Canadian markets..!! How many other big money players are doing the same..??
Congrats Freekland and Trudope for putting Canada at an even worse advantage for global investment dollars that it already was..!!!!
The writing is on the wall with the last bi-election.. say bu-bye you two..!
Hey MOE__Are YOU Up to Speed on the AMT (Alternative Minimum Tax) eh ????
Well the Finance Minister Likely
HAS a SURPRISE Waiting For ALL the NERVOUS
LEMMINGS that RUSHED in to TAKE Their $250K of GAINS
Part of the Capital Gains PACKAGE is a
REVAMPED AMT__The DETAILS Which
Are Geneally KNOWN But STILL PENDING Official Legislation__BUT The NEW AMT
Will VERY LIKELY GRAB Extra AMT TAXES From this SURGE of $250K Gainers.
Pretty CRAFTY eh !!!!__FOOLING Investors to RUSH to SELL and PAY Capital
Gains Tax on their $250K__AND Then GRAB EVEN MORE with the ReVamped AMT