RE:RE:RE:RE:RE:RE:RE:RE:RE:Here is WHAT is Horribly WRONG with Capital Gain TAXATIONThere you guys go again. You're attacking somebody because of what you THINK he was thinking???
That's like saying: "That guy is a CRIMINAL, I just know he wanted to rob that bank" Nonsense.
Just like Seppelt posted "Anyone whos net capital gains are higher than 250k will be paying higher taxes." Well, yeah...ON AND ONLY THE PORTION ABOVE 250k....otherwise he WON'T be paying higher taxes at all.
Nobody mentions that in the same legislation the one million dollar EXCLUSION from ANY capital gains taxes for small corporations (CCPCs) was raised to 1.25 million. Somebody is going to pay lower taxes. But don't say that, eh?
It's not, as Marty says, that I think Trudeau "did a great job"...he did A job and I object to seeing posts on here that sound like the Toronto Sun (a publication, along with the National Post, that receives OVER HALF the annual government funding to promote/help legacy media....so much for the "bought and paid for media" complaints/rants!). Post Media Group would go bankrupt if it wasn't for the funding Trudeau provides through that program.
Give it a rest, fellas....Trudeau will ge gone soon. I object to hearing that Canada is DESTROYED, the oil industry has been KILLED and all the other BS....just because you don't like/hate ONE GUY!
The list is endless! "Trudeau has the worst approval rating in history" is simply not true. Depending on what poll you read he's neck and neck right now with Harper in 2015....and way, WAY AHEAD of Mulroney at the end of his stint as PM (10%)
Canada is not DESTROYED....GDP the last ten years comes in at 1.8% a year (CAGR). In normal times, without Covid, that would be sort expected/hoped for.
GDP is up 37% last ten years, for the ten years before that it was only up 18%.
(2023 2140B, 2015 1556B, 2006 1319B....do the math!)
The TSX is up 38% in the last ten years,
Oil production is up well over 40% in the last ten years.
In 2015 the canadian average hourly wage was 26 dollars....today it's 36 dollars...a 38% increase!
https://tradingeconomics.com/canada/average-hourly-earnings
And Marty still can't stop talking about his hair and his socks in 2025!!! I get it, you hate the guy...you will get your wish soon. Now could you please stop slagging the whole country and its economy when that is CLEARLY not the case.