Canada: from bad to worse.
We all know how dysfunctional confederation is with respect to representative government on a national level, federal over-reach, equalization payments, general incompetence, and an Ottawa/Toronto/Montreal voter base that has a child-like mentality.
But there is more incoming shortly, in the form of taxes:
- Capital gains inclusion rates jumping to 75%
- increases in income taxes across the board.
- special taxes on gains from business startups
- tracking of real-estate cost base to ensure that primary residence will be taxed at a capital gain.
- special taxes for small corporations that employ family members
- tax base for 1%s is going to 54%.
If I had an easy path to get the hell out of Canada, I'd be long gone.
Re: Canada: from bad to worse.
Quote:
Originally posted by Buster
If I had an easy path to get the hell out of Canada, I'd be long gone.
Quote:
Originally posted by Buster
A friend of mine summed up Canada perfectly: "It's a great place for average people to continue to be average."
The easiest way to get it of Canada is to have a passport to another country (ideally an EU country). The second easiest is to be above average so other countries are more than happy to bring you in.
Just sayin'.
Re: Re: Canada: from bad to worse.
Quote:
Originally posted by kertejud2
The easiest way to get it of Canada is to have a passport to another country (ideally an EU country). The second easiest is to be above average so other countries are more than happy to bring you in.
Just sayin'.
True liberal tolerance on display right here folks.
Re: Canada: from bad to worse.
Quote:
Originally posted by Buster
We all know how dysfunctional confederation is with respect to representative government on a national level, federal over-reach, equalization payments, general incompetence, and an Ottawa/Toronto/Montreal voter base that has a child-like mentality.
But there is more incoming shortly, in the form of taxes:
- Capital gains inclusion rates jumping to 75%
- increases in income taxes across the board.
- special taxes on gains from business startups
- tracking of real-estate cost base to ensure that primary residence will be taxed at a capital gain.
- special taxes for small corporations that employ family members
- tax base for 1%s is going to 54%.
If I had an easy path to get the hell out of Canada, I'd be long gone.
Is there a link that shows 1%s are going up 21% over 202k?