Post by
ztransforms173 on Jan 09, 2025 10:30am
Capital Gains TYRANNY: CRA Will COLLECT Taxes With NEW
- INCLUSION RATES, even though as is LIKEY; there will be a NO CONFIDENCE VOTE in LATE MARCH 2024 and the TRUDEAU/SINGH minority government WILL FALL with NO PASSAGE of the NEW CAPITAL GAINS LEGISLATION
- the NEW CAPITAL GAINS INCLUSION RATES will BE APPLIED to the 2024 TAX YEAR when FILING the 2024 TAX RETURNS with the AMOUNT DUE by April 30, 2025
- afterwards, DEPENDING on the OUTCOME of the FEDERAL ELECTIONS:
CPC MAJORITY {likely VICTORY ?}:
* the Notice of Ways and Means Motion will be CANCELLED and ALL the EXCESS Capital Gains TAXES will be REIMBURSED by the CRA
New Liberal/NDP MINORITY {highly unlikely ?):
- new Capital Gains LEGISLATION is PASSED & ENFORCED
LPC MAJORITY (almost ZERO chance ?):
- new Capital Gains LEGISLATION is PASSED & ENFORCED
- we are a VERY COLD BANANA REPUBLIC
z173
Comment by
ztransforms173 on Jan 09, 2025 10:34am
better now: - INCLUSION RATES, even though as is LIKEY; there will be a NO CONFIDENCE VOTE in LATE MARCH 2025 and the TRUDEAU/SINGH minority government WILL FALL with NO PASSAGE of the NEW CAPITAL GAINS LEGISLATION z173