TSX:AX.PR.E - Post by User
Comment by
rad10on Sep 04, 2024 3:37pm
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Post# 36208540
RE:RE:RECESSION INCOMING
RE:RE:RECESSION INCOMINGThey are doubling my tax liability.... but the alternative is so terrible, and most will be deducted. check out the highlighted segment. Most physicians in Canada are incorporated. If you happen to be an American practising in Canada, you are by definition a multinational with overseas earnings. Where did the Biden Harris regime get this idea? Donald J Trump.... In 2016 DJT levied a one off additional 15% tax on the entirety of overseas American controlled corporations. This was 15% of total book value, not earnings...... much pain. There is no great option in November, just a lesser of two evils.
https://www.whitehouse.gov/omb/briefing-room/2024/03/11/fact-sheet-the-presidents-budget-cuts-taxes-for-working-families-and-makes-big-corporations-and-the-wealthy-pay-their-fair-share/#:~:text=The%20President's%20Budget%20proposes%20to,10.5%20percent%20to%2021%20percent.