Veren Inc T.VRN

If ELECTED To MAJORITY, PP Should JAIL SENIOR CRA Officials

[ztransforms173]

- for COLLECTING HIGHER CAPITAL GAINS TAXES {2024 TAX YEAR} from Canadian TAXPAYERS for IMPLEMENTING the INCREASED CAPITAL GAINS INCLUSION RATES that have STILL NOT be ENACTED in LAW by the Parliament of Canada

- this 'ASSUMES' that the CRA GOES AHEAD and the LEGISLATION is NOT ENSHRINED in LAW, the House of Commons is DISSOLVED and an ELECTION is CALLED and the CPC WINS a MAJORITY GOVERNMENT 

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[johnathamilton]

the CPC will win a majority in the next election. Probably by March. i don't see the government surviving til the end of January - the House reconvenes on January 29. The first order of business will likely be a non-confidence vote which the NDP says that they will support. If they do, the government is toast and an election will be called. Trudeau will likely resign after the election since

[Moemoney42]

I think Pierre knows how to run things as he's the finance critic for the oppostion and has been for years.. he knows that '' budgets don't balance themselves" and that's a huge move in the right direction.. a little common sense approach to governing and creating a postive investment climate in this country would go a long way to prosperity IMO..!

[westcoastlogger]

Poilievre has never been defeated in 20 years in government in Canada and is an adopted child from a single parent and married to a legal, well educated immigrant, that can speak more languages than Justin Castreau trying to impress us with his French. Lets see, Justin Castreau, the basttard son of Fidel Castro that happened to luck in to a fortune his step grandfather in Canada left him from a

[Banshee]

Yes nothing like 3 Rd generation brats and good for nothing's who never worked s day in their lives , but acted and convinced a bunch of really stupid lemming CDNs to vote for his looks and hair and naturally some gold digger would take advantage of having nannies and personal Chefs at her disposal while that infamous family milk CDN taxpayers , can't blame the kids but let's guess

[Marty47]

Trudeau succeed by brainwash the mass and won in 2015 .... same thing happen with hitler in Germany , his party took advantage of chaos and win the election , castreau use the same technics with weak Canadians addict and scare some people about the end of the world and he's the one to stop fossil fuel. .... 

[Red_Deer]

Trudeau succeed by brainwash the mass and won in 2015 .... same thing happen with hitler in Germany , his party took advantage of chaos and win the election  Hey MARTY__ACTUALLY How Hitler Got TOTAL CONTROL of the Government and the Country WAS by VIOLENCE Carried Out by His BROWN SHIRTS "Army"__Once the COMMUNIST Party WAS ERADICATED by Violence__It Was ONLY THEN that Hitler GOT

[Citizen13]

Jughead is only now threatening to upend this tenant from hell who refuses to leave . Why now ?  He knows nothing will happen until end of January and then a couple of months to prepare the election . He will then be eligible for his pension . Along with your good points we should also make laws that no politician can hold the whole country  hostage for his/her pension .  We should

[westcoastlogger]

Nobody is buying equipment anymore because Canada is a resource rich, resource based economy, thats been reduced to an economy based on real estate and lap top computers, and idiot activist governments leaving the resouces in the ground to save the world. We have never had such screwed up, woke, activist imbecile driven governments in our history, and its mystifying how it was ever able to degrade

[Canoftuna]

Jughead will win his riding.....and get his pension anyway....Trudeau steps down by then.....and Freeland wins a minority......Polivers approval rating is the same as Signh....which says everything you need to know.....Freeland did a better job of distancing herself from Trudeau than Singh ever did.....set herself up beautifully.....our next PM.....let the crying continue........

[Northsea6]

That was some post and touched all the bases , especially in the case of the Marxists and their leader Jughead.Nice one , as useless as Archie's friend but an apt description of a money grubbing fraud who pretends to champion the poor while padding his pockets at taxpayer expense.Thats what you get when you import Marxist rabble from other countries but like all true Marxists , know how. To

[packerdriver]

Newsflash! for transforms: 2024 taxes are not due or COLLECTED until the end fo April 2025. Geez, man! Before threatening people with JAIL maybe you should wait for an event to actually HAPPEN. LOTS can happen/change between now and then. Do you not understand when taxes are payable??? You could sell something for a big gain NEXT WEEK and the taxes on it would not be payable for SIXTEEN MONTHS !!!

[westcoastlogger]

I think what he's trying to say is this is just another kick in the nads to democracy practised by Castreau and he will do anything in the book to ram through his laws, parliament bedamned. If he would just release the Chinese interference documents to the RCMP, parliament could continue and we could have our business debated properly instead of being rammed through by a dictator when we'

[ztransforms173]

packerdriver - (12/27/2024 5:56:38 PM)   RE:If ELECTED To MAJORITY, PP Should JAIL SENIOR CRA Officials   Newsflash! for transforms: 2024 taxes are not due or COLLECTED until the end fo April 2025. Geez, man! Before threatening people with JAIL maybe you should wait for an event to actually HAPPEN. LOTS can happen/change between now and then. Do you not understand when

[packerdriver]

This post has been removed in accordance with Community Policy

[Moemoney42]

This post has been removed in accordance with Community Policy

[packerdriver]

This post has been removed in accordance with Community Policy

[Red_Deer]

This post has been removed in accordance with Community Policy

[packerdriver]

Red deer, fortunately for me I don't have a lot of experience with capital losses....BUT the way I read/understand the form 50% of gains is taxable (added to your income)....a loss is a loss, there is not tax to pay....but to carry it forward or back to another year only 50% can be carried forward or back. If you have a gain of 100k with a 50k loss in the same year...you then declare a 50k

[Red_Deer]

If you have a gain of 100k with a 50k loss in the same year...you then declare a 50k capital gain and half of that (25k) gets added to your inocme. NO? Hey PACKER__YES__Your SCENARIO Indeed WOULD Result in a 25K Taxable Amount ADDED to Your NET INCOME.

[packerdriver]

So, reddeer???..the CRA let's you deduct 100% of your losses...and taxes you on 50% of your gain...I think that's what I posted earlier...(???)  BTW, I don't have to deal with any of that anymore...all my investing is done inside a tax deferred account (RRIF) or a tax free account (TFSA). I used to have a non-registered account but it was such a PIA at tax time, especially with M

[Red_Deer]

""So, reddeer???..the CRA let's you deduct 100% of your losses...and taxes you on 50% of your gain...I think that's what I posted earlier...(???)"" Hey PACKER__As I POSTED__IF You FOLLOW the STEPS in Schedule 3 CRA Tax Form You INDEED Do DEDUCT 100% of All LOSSES__BUT That is FROM 100% of ALL GAINS Then IF There Are MORE Gains Than Losses__CRA Taxes You on 50% of the

[packerdriver]

Yeah, so my statement still stands: CRA lets you deduct 100% of you losses but only taxes you on 50% of your gains. That, in my opinion, is prettry generous treatment given that if you have a LOSS in an RRSP or a TFSA all you have is a LOSS....too bad, so sad...you get NUTTIN', no break, no carry over.....BUT STILL people whine and complain INCESSANTLY about capital gains taxes? (???) I'

[Red_Deer]

Hey PACKER__Have You CONSIDERED That the $$$$ USED to Make the Investment  RESULTING in Your 340,000 Capital Gain Were Likely AFTER TAX $$$$ THIS SomeWhat Narrows the DIFFERENCE in the Tax Paid by the WORKER vs INVESTOR Gains Would STILL Have the EDGE__Just NOT AS MUCH eh 

[Moemoney42]

"Yeah, so my statement still stands: CRA lets you deduct 100% of you losses but only taxes you on 50% of your gains. That, in my opinion, is prettry generous treatment given that if you have a LOSS in an RRSP or a TFSA all you have is a LOSS....too bad, so sad...you get NUTTIN', no break, no carry over.....BUT STILL people whine and complain INCESSANTLY about capital gains taxes?"

[Moemoney42]

Further to that comment.. you'd better hope your losses are in a taxable account as like you said "you get nuttin" for that lost money in a TFSA.. at least in a taxable account you can use it against gains for the crystalized "loss" 

[packerdriver]

With that statement it sounds like you're saying: "Thank God capital gains are taxable"  LOL ;);) "Further to that comment.. you'd better hope your losses are in a taxable account as like you said "you get nuttin" for that lost money in a TFSA.. at least in a taxable account you can use it against gains for the crystalized "loss"

[Moemoney42]

No packer.. there's nothing to read between the lines.. not sure if its your reading or comprehension that's the problem.. its a simple statement.. :-/

[jleer42]

Moemoney, time to move on. Capital gains are not difficult, you and others have explained it well. It's intentional obtuseness.

[downwithdotcom1]

packerdriver wrote: Yeah, so my statement still stands: CRA lets you deduct 100% of you losses but only taxes you on 50% of your gains. .. Absolutely incorrect-ask any tax dude, your trying to put a spin on a net neutral policy for capital gains vs capital losses... packerdriver wrote: A guy who makes 111,733, working five days a week, will pay 17.7% of that in federal taxes. If that

[Moemoney42]

No Packer you're wrong.. if you had a $100G gain.. 50% is taxable or $50G at your marginal rate. If in the same year you had a $50G loss then 50% of that is deductable from the taxable gain.. or $25G thus you end up with the $25G added to your taxable marginal rate.. capish.?

[Red_Deer]

Hey PACKER__You POSTED__""A worker who makes 111,733 a year will pay 17.7% in federal tax If he happens to also have a 340k on top of that he will pay 14.4% of his 340k capital gain in additional tax...if the inclusion rate goes to up to 66% (for amounts abover 250k) he will pay 15.8%   Somebody PLEASE tell me why capital gains should be taxed at a lower rate than employment

[Moemoney42]

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[Northsea6]

Sure you do , and that is really freaking hilarious as you said.Any more posts you feel the need to get removed .You are #  1 on this board when it comes to that..as wcp and others and myself can attest to , in a court of law if necessary.

[Northsea6]

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[Moemoney42]

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[Northsea6]

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