Canadian individuals and businesses will pay tax on two-thirds of gains over C$250,000. The government doesn’t have any right to steal Canadians’ earnings, but it will. This is similar to what Joe Biden plans to do in the United States. These leaders are communists.
Trudeau called for a vote, and the bill was passed.
“It’s incredible that during a housing shortage [the prime minister] wants to tax home builders; during a health care shortage, he wants to tax away our doctors; during a food price crisis, he wants to tax our farmers, and while our economy is shrinking more than any other economy in the G7, he wants to tax our small business job creators,” Poilievre declared.
“Mr. Speaker, isn’t this the definition of insanity?”
Pierre Poilievre: “Haven’t the Liberals learned that taxing away doctors, taxing away homebuilders, taxing away the entrepreneurs who make paycheques is economic wackoness?” pic.twitter.com/zmLJW9UYrr
— The Post Millennial (@TPostMillennial) June 12, 2024
It affects all kinds of Canadians.
BREAKING:
Senior Director at the Canadian Chamber of Commerce confirms Trudeau’s punitive Capital Gains increase affects all kinds of Canadians – not just the wealthiest 1% #cdnpoli pic.twitter.com/cEsYv0CIyz
— Stephanie Kusie (@StephanieKusie) June 12, 2024
Here is one of the many Canadians who will pay the price to a government that will waste their money.
When Trudeau says the capital gains tax will only affect the rich he’s lying to you once again. pic.twitter.com/lW4T3kbBiK
— Glenda M (@McfarlaneGlenda) May 31, 2024
How about some context? A home that is the primary residence is not subject to capital gains tax. Secondary homes and cottages are. Anyone earning $250,000, beyond expenses, on a secondary home, other than a cottage owner perhaps, has done that by speculation. My home was just evaluated for more than 4X what I paid for it 27 years ago, but I will pay no capital gains tax when I sell it. The woman in the video was always subject to the tax, because it was a secondary property, like a cottage, gifted or not. It wasn’t Trudeau that valued the property, the municipality did.
That doesn’t mean Trudeau isn’t a POS. He is and so are Poilievre and Singh.
Typical let’s put this in to context comment-we have the right to steal what we didn’t earn.
By the way the Canadian Security Forces considered Trudeau a communist and maintained extensive fles on him. He called for a communist coup against the democratic government of Poland. Somehow those files disappeared with his election.
It is the deliberate destruction of the society and economy, disguised as do-gooding. The NWO/WEF wants the west to fail, so Trudeau and the leftist parties want it also.
Canadians voted for leftists, so they are at the least stupid.
What do you expect from Castro’s son?
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