RE:RE:RE:Morneau also says not good for Canada Dibah420 wrote: That's rich coming from Bill Morneau who surprise! surprise! whines that taxing the super rich is not good for Canada. Most folks here will never be in that ethereal cohort whose capital gains exceed $250k in a single year. Morneau probably is. Having sold the business that was founded by his father to Telus for $2.3B and, additionally, having married into the McCain Foods family, he could easily have afforded to pay for a family vacation but chose instead to let the WE Charity (yes that OuiOui mess) to pick up the tab of $41k. And was forced to resign, in disgrace, from his job of Finance Minister.
Trudeau ought to have fired him except that his own reputation was sullied by his family's involvement in WE. Do we ever learn!
The long discredited Milton-trickledown-Friedmanomics, I see, is still alive and well.
Cheers.
Lol
$250k in a single year is not a lot. We are managed by people that can't count. Who in the hell thinks it's good to hike capital gain tax? Canada has productivity problems.
And what's not surprising the clowns in province of Quebec decided to follow the same new rule.
Trudeau is like the worst prime minister ever. He's as good as his father.