Did you make over $250,000 in capital gains this year? If so, the Liberals are looking at you, to help bankroll the federal budget. Meanwhile, no opposition parties - even the NDP - are offering unqualified support to the budget.
Пікірлер: 604
@lIIIIIllllАй бұрын
I hate this woman.
@ZenCorvusАй бұрын
Anyone with compassion would. She is evil.
@djfrankieАй бұрын
She is so fake.
@first-gordonchang9510Ай бұрын
Hate Freakland?
@first-gordonchang9510Ай бұрын
@@djfrankiefree Fakeland?
@carenthusiast4984Ай бұрын
You’re an awful human being. Have some respect.
@lmtadaАй бұрын
Singh and NDP are responsible for keeping this government in power.
@patbrennan6572Ай бұрын
I could never vote for the party of Mulroney.
@MrLEO1353Ай бұрын
@@patbrennan6572 Mulroney died a few days ago (RIP)
@jamesryan7684Ай бұрын
Poilievre is a liar. Trudeau didn't double the rent or anything else. Poilievre doesn't know how the free market or even the economy works.
@patbrennan6572Ай бұрын
@@MrLEO1353 I'm quite aware of that sir but he will always be the face of the conservatives to me. I had to live under his dictatorship when he was chairman.
@eramos8916Ай бұрын
Don't forget the conservatives, they too love capitalism and CEOs are thier best friends.
@davidgraham5040Ай бұрын
Worst government in Canadian history
@maximilliancunningham6091Ай бұрын
One of, Mullrooney still takes the cake, not by much though.
@MrLEO1353Ай бұрын
@@maximilliancunningham6091 No he doesn't
@jamesryan7684Ай бұрын
@@MrLEO1353 Pick any previous Conservative government and they were worse, and THEY didn't have to deal with a pandemic, worldwide inflation, negative birth rate, supply chain disruptions, global warming crop failures, and Russia trying to start a world war. The Con children posting here know nothing.
@lafcadiothelionАй бұрын
This is economic suicide
@protic4Ай бұрын
How's that? Anything to back up your statement? Are you one of the 40,000th richest people in Canada?
@donnarocha4043Ай бұрын
@protic4 no one will do business in canada scary 😢
@892303001Ай бұрын
@@protic4 Have you opened your eyes lately?
@Sm00thieKАй бұрын
Get an actual job buddy.
@iseiyoulaitreАй бұрын
I agree. This will limit investment as well. I know of many professionals that are relocating to shelter their investments. Not good.
@JoseGonzalasАй бұрын
I'm taking my money out of this country. I'm tired of it being stolen by crooks.
@icantwiththisАй бұрын
Where to tho?
@JoseGonzalasАй бұрын
@icantwiththis I wish I could tell you on here, but I'm afraid the pinkos will ruin that too if they hear about it lol.
@philster6383Ай бұрын
bye bye
@JoseGonzalasАй бұрын
@philster6383 just do me a favor. When this place goes down like the blue states in the US, dont follow us. You made this bed, you sleep in it.
@Zhaopow3Ай бұрын
Lool stop pretending you have enough money worth offshoring
@HyperCarnivore666Ай бұрын
Freeland is starting to look like a zombie
@RepublicOfWesternCanadaNOWАй бұрын
Count Crackula
@thevisitor1012Ай бұрын
Starting?
@mandingo1125Ай бұрын
She looks like the penguin from Batman
@blainepotskin1884Ай бұрын
Dexedrine,adderall
@barbiesorensen-iy7dkАй бұрын
a ton of makeup to hide her greedy soul, makeup, drugs, she is not twitching today.
@justiceleague9658Ай бұрын
How about cancel the salary increase for all MPs ministers and PM this year and last year?
@donman9154Ай бұрын
Why not make it retroactive to when they took office?!! Canadians are the victims of Fraud & Criminal Malfeasance!
@mre_manАй бұрын
Jagmeet shutup you are propping this government up!
@BinaryJoeАй бұрын
It's always amazing to me how easy it seems for politicians to take food from the mouths of taxpayers when they themselves are literally fed by the taxpayer.
@Tr4newreckАй бұрын
It's easy when u can just legislate your own pay increase... or say... delay the election 2 weeks to ensure you get a pension for serving a minimum mandatory time period.
@aaykay4060Ай бұрын
This affects capital gains over 250k. If you’re making over 250k in capital gains you have no right to complain because you’re clearly making good money. If you make under 250k in capital gains and you’re complaining then you’re just whining. This affects rich folks not the middle class.
@Sebastian-wz1whАй бұрын
@aaykay4060 who gave you the right to decide how much money other people should earn from their hard work
@protic4Ай бұрын
@@aaykay4060 Exactly. People don't understand basic laws or statements, no wonder we end up where we do. Great work @BinaryJoe keep spreading your poor understanding.
@AllRyeTeaАй бұрын
@@protic4 Do you honestly think any business owner will take on the costs personally. N o because you didn't think of the variables. Better not be liberal
@gerwyntiberius1918Ай бұрын
Punished for working hard, doing Overtime and making good investments in Canada. No incentive to work. Live off the gov until the entire system collapses and we can reset it....almost like a Great Reset. Why is the budget always extra spending and never cutting useless gov jobs? 50% taxation is far too much. We are the ones working for it, we should keep the vast majority of it, which would only be recirculated back through the economy, fueling economic growth for business's.
@JoseGonzalasАй бұрын
🎯
@TheNuglerАй бұрын
Because its all done on purpose. There is no incompetence.
@HuxtableTVАй бұрын
This is to criminal level. Beating us back to slavery, homelessness, starvation.
@Lb27331Ай бұрын
Canada 📉
@D20SteelАй бұрын
They are evil.
@garmar704Ай бұрын
Billionaires are evil.
@Farm7889Ай бұрын
NDP will support it while he says how much he doesn't like it.
@daleweiss9507Ай бұрын
Cuz according to Jagmeat, Canadians don't want an election.
@freindlycannuck1591Ай бұрын
Yup and their boss is the one who has aspirations of becoming a Canadian Prime Minister some day! Good luck, because Canadians don't forget! And by the way, you could have a better chance in the future, if you got a good shave, cut your hair and get rid of the you know what! Then you might look Canadian!
@lowkick22Ай бұрын
Time to leave this country
@zonzillamagnus5902Ай бұрын
I left. Never regretted it. Thankfully I was gone before Canada went full fashy over the flu
@philster6383Ай бұрын
bye bye
@Zhaopow3Ай бұрын
Looool don't even pretend you are in the upper tax brackets
@zonzillamagnus5902Ай бұрын
@@Zhaopow3 How’s the living costs going in Canada?
@zonzillamagnus5902Ай бұрын
@@philster6383 So glad I left, fashy
@marc1981tremblayАй бұрын
IT too easy for the goverment to raise taxes than to fixes thier spending...
@HuxtableTVАй бұрын
There spending brought nothing constructive, only pain for us. Whatever they toutedly 'give' with the right hand, they rake back five times over with the left.
@ryanb.8961Ай бұрын
The worst. She’s awful.
@RepublicOfWesternCanadaNOWАй бұрын
Absolutely sickening.
@truth-om7izАй бұрын
This government pisses me off. Seriously we used to primarily fund our infrastructure through our industries. We ship them away because of greed, Justin takes out a loan, and now everything is funded through taxes. I have yet to see any party willing to revitalize our industries. All I see is higher taxes and budget cuts for vital infrastructure and services. What a lousy government. So many Canadians are suffering and you don’t care. My mother came here with my grandmother when she was 12 and even they notice the change. At this point my family will be taxed out of the middle class. Ridiculous. I feel bad for the rest of Canadians who are less fortunate positions. These government officials are so out of touch with reality it’s ridiculous. Maybe a tax increase is nothing to you, but it’s a lot for the rest of us!
@garmar704Ай бұрын
If you're a millionaire/billionaire, it's time to pay up.
@OpTiCNoobtubeАй бұрын
@@garmar704lol. You’re both wrong but you’re especially wrong. The rich never pay these taxes
@garmar704Ай бұрын
@@OpTiCNoobtube They will.
@OpTiCNoobtubeАй бұрын
@@garmar704 they won’t. ‘Pay up’ never works, because the people in power are also rich. It is moronic
@OpTiCNoobtubeАй бұрын
@@garmar704 ‘they will’ you’re clearly very young
@Celler2Ай бұрын
WE THE CANADA, DO NOT SUPPORT WHAT THIS WOMAN IS SAYING.....NO VOTE FOR HER AT THE ELECTIONS.
@jamesryan7684Ай бұрын
You don't speak for anyone but yourself.
@SiMpLyKaSsIdIАй бұрын
🤡
@whatsagoodname8597Ай бұрын
@@jamesryan7684he speaks for many.
@keithwebb9839Ай бұрын
Um..... this position is appointed, not elected.
@Celler2Ай бұрын
@@keithwebb9839 Pretty sure she is going to campaign for the PM.
@DigbyOdel-et3xxАй бұрын
Capital gains is not a thing only for the wealthy. Investing one's money other than pi$$ing it away on products you don't need or can't afford is something that teacher or nurse or anyone can earn. Punishing people who invest their money through increased taxation is so wrong and only feeds the minds of the ignorant and envious.
@vincentdeschamps9365Ай бұрын
We need an election now!
@timmyschannel8775Ай бұрын
No point. The whole government is corrupt. Most of the members of parliament are world economic forum’s members.
@chakra74Ай бұрын
Increasing capital gains after 250k can affect a lot of Canadians during their lifetimes. Anyone who sells real estate or any time they have to make a once in a lifetime cash out of an investment. This will directly affect people who try to cash out of investments at the top of gains, even when they're a normal Canadian with their retirement accounts. Many normal Canadians invest in stocks for retirement, and sometimes a stock will go up a lot in someone's portfolio and they'll want to sell it and move it into other investments. Going from 50 percent to 66 percent is no small tax increase.
@campbellsoup6335Ай бұрын
Too bad only 1% of Canadians have a brain like you
@mat.b.Ай бұрын
I agree (but to point out, its 50 to 66% taxable amount, not a 66% tax, its more like 28% net)
@HuxtableTVАй бұрын
@@mat.b. Not really.
@butt317Ай бұрын
Oh no, wealthy people will make slightly less money for doing nothing. What a tragedy. Have you tried cutting back on starbucks and avocado toast?
@mat.b.Ай бұрын
@@butt317 investing is not "doing nothing," it's the lifeblood of our economy. Why are socialist so bad with money?
@carlcarlandcarlАй бұрын
i can see why trudeaus wife left him they all slowly turn into soulless zombies knowing they are actually doing the wrong thing but can't admit it.
@donman9154Ай бұрын
It's not that they can't - it's just that they refuse to speak or fully admit the Truth...
@stevehansen6552Ай бұрын
The NDP will do as they are told !
@-Clandestine-Ай бұрын
Does she put her makeup on with a shovel?
@Dave-gy5mvАй бұрын
A rototiller by the look of things.
@taters5586Ай бұрын
@@Dave-gy5mv The mental image hahahahahhahahahahaha.
@samg8012Ай бұрын
The makeup was put on with your tax dollars.
@juliogonzo2718Ай бұрын
She shops at Carquest for beauty supplies
@cassie5344Ай бұрын
No. Somebody else does it for her. But you pay.
@samg8012Ай бұрын
Notice how they increase taxes on high income earners, but make sure all of themselves are just below the threshold so that they dont have to pay any? They did this before too.
@rosel6261Ай бұрын
Canada is the most taxed country in the swear. Almost half of our income goes to tax & CPP/EI. We should have control of our income. If I have an RRSP why should I contribute to the CPP when I can put that money into my RRSP account? Idk how it all works but Canada is being like a super taxed country it’s insane! Increase the wages if u want to tax us more
@gavinhassett479Ай бұрын
You will get CPP back when you retire.. its your federally managed retirement plan. Rrsp and tfsa will be your own decision on top of that.
@Rreka240Ай бұрын
That’s how you keep the government from taking more at the end of the year in my experience
@Farm7889Ай бұрын
More of the same from this government , tax and spend.
@Dave-gy5mvАй бұрын
Broomhilda is giving her homeland $1.2 billion in this budget.
@hebber1961Ай бұрын
Soviet Union?
@Dave-gy5mvАй бұрын
@@hebber1961 U-Crane
@darrylwatchman2957Ай бұрын
The rich will leave here like they did in other countries when they were specifically target by the government.I do know that 55 percent of Canadians take more from the state then they pay in taxes.Assuming 5 percent of wealthy people will pay more and leave or hide their money,that leaves the middle class and some of the working class paying most of the bills only to see net declines for working harder and trying to get ahead.This does not look at all promising for this country going forward.
@juliogonzo2718Ай бұрын
I've probably paid about $700k in taxes at 40. Not sure how I will ever have the state pay more than that into me
@JoseGonzalasАй бұрын
100 percent the middle class is going to have to foot the bill.
@zzingАй бұрын
How about taxing loans that are used to avoid taxes from assets that would otherwise have to be sold to fund their lifestyle.
@charlesl1136Ай бұрын
Are you sick?
@zzingАй бұрын
@@charlesl1136 oh yes very sick. Wanting to tax a way the very rich avoid paying taxes. Unless you are one of those people you are subsidizing the rich.
@charlesl1136Ай бұрын
@@zzing apparently you are the one not contributing tax to the society but just jealous of the rich. That is a communist mentality. I am not rich but willing to work my way up without the government stealing my hard earned money.
@yasirahmed4289Ай бұрын
Any type of tax, no matter how or where you implement it, is "always" incurred by the end consumer. Always.
@donnarocha4043Ай бұрын
Prayers to Canada 😢🇨🇦 🙏 election now please.
@Adam.LangtonАй бұрын
Maybe we should tax the corporations that make billions from OUR natural resources?
@nolimitpokerАй бұрын
It will never happen tho. This is just a take on middle class when they sell their house and so on. They word it like the rich are getting taxed haha the rich don’t pay taxes
@HeadinaviseАй бұрын
Well they take the risk the cost is they want big profits. OUR government isn't using natural resources. All the government does is take. The government is getting money from selling the resources through these corporations...don't forget that.
@nigel6956Ай бұрын
How low would you go in negotiations? What is the line that will keep those corps doing business with us? Do we already tax them? If so, how much do they pay?
@jackmidst8304Ай бұрын
Adam, do you mean all of these mines that Trudeau sold to China?????
@Adam.LangtonАй бұрын
@@nigel6956 Alberta gives our oil away for free. The timber leases too. Royalties used to be 40%. Now we beg them to come and send it away for a few thousand jobs.
@streamsnipelulАй бұрын
Were all leaving right?
@williammatthews6273Ай бұрын
Where yah headed?
@mat.b.Ай бұрын
this is gonna be so much worse than the flight from CA to TX. Housing is already insane and pushing many of us to look at real estate south of the border, now there's no reason to live or invest in Canada.
@jayvardyАй бұрын
There shouldn't be a thing as capital gains tax. It shouldn't exist.
@Hermaniac01Ай бұрын
I hope people realize that they are on the hook for all this government spending, eventually.
@goylanddefree80Ай бұрын
Eventually? Look at the interest rates, we're in austerity.
@1joshjosh1Ай бұрын
I noticed the media is shutting off the comment section on a lot of these budget news.
@juniorfrederiksen344Ай бұрын
Isnt it ironic that her name is Freeland cause Canada sure isnt
@Paulin-pw5jxАй бұрын
They keep taxing and taxing yet everything is worse than ever … money isn’t the problem
@thedarkwolf9423Ай бұрын
The OUTFLOW of money is... increasing capital gains taxes when you're over a trillion in debt and announcing in the same breath that you're going to increase your amount of debt spending by billions more? That's like saying you'll just soend an extra five minutes on the exercycle to work off the entire cheesecake you just finished....
@mfer134Ай бұрын
Either they think rich people aren't necessary or they think they won't leave. Capital gains is 50% of income tax because you pay more capital gains when there is inflation. Your house doubles in price over 20 years. Why? inflation? or did the property go up in real terms? Doesn't matter. You pay the tax. Inflation screws you on capital gains tax. That is the reason why it is taxed at 50%. Other countries open the door to rich people. And we want rich immigrants too. This increase in taxes might be a good political move, but it is not good for Canada.
@davemroАй бұрын
How dare you be successful.
@user-rv4jq1cx5wАй бұрын
That money is never coming back to Canada.
@kmsingh8539Ай бұрын
Never say never.....this will impact pension funds, the stock market and canadians retirement.
@Dave-gy5mvАй бұрын
At least she isn't sporting her Azov banner this time.
@k9aid514Ай бұрын
My wife retired from her second job of 34 yrs ( worked 2 jobs for 30 yrs) the government took 2/3rds of the severance pay. Money she was given for her years of service. She worked 80 hrs a week for 30 yrs
@nastyvinylcunter1366Ай бұрын
Taxed on your income, then taxed on what you spend your remaining income on.
@jasonm2245Ай бұрын
This one is more dangerous than Turdo
@senthilkrishnan1273Ай бұрын
Canada, you are screwd
@philster6383Ай бұрын
BS
@ZenCorvusАй бұрын
Philster with another award winning argument. This guys such a tool
@williammatthews6273Ай бұрын
Chill, we'll be fine.
@samg8012Ай бұрын
@@williammatthews6273maybe you will be. The rest of us, not so much.
@JuliusCaesar888Ай бұрын
MORE TAXES!! MORE STEALING!!
@patriciamoraga2917Ай бұрын
Oh lord tax we are all going to end up homeless or living in groups 3-4 families in a household 😂
@ugeneousАй бұрын
Can she go and see a chiropractor and get that neck straightened out?
@doomdog797Ай бұрын
Yeah god forbid we do well and sell a property for gains.
@glacialmobbs7657Ай бұрын
Where is her witch hat ?
@lord_haven1114Ай бұрын
We need to get these insane people out of government before there’s no hope left to fix things.
@MrAk519Ай бұрын
So anyone that sells their house basically is paying this tax?
@kurts3779Ай бұрын
Not their principal residence (for now at least)
@candied.crabapplesАй бұрын
It impacts more than what “they’re” trying to sell it as. The biggest market is real estate that isn’t a principal residence.
@user-ew2yy6dt3bАй бұрын
Kiss our dollar goodbye, Inflation will increase big time ,Foreign Investment will dry up unless we subsidize them with 35 billion to build battery plants. Canada will become Argentina North
@JulesFerry11130Ай бұрын
Intellectually dishonest. Capital gains/dividend tax + corporate income tax > top personal marginal tax rates (0.6*0.75=0.45)
@chocopieninjaАй бұрын
What's the point of taking more taxes from any Canadian when the money doesn't go back to Canadians?
@berkaydemirbas3841Ай бұрын
Blanchet at the end spoke very smart
@rubydawn1Ай бұрын
so does that mean the nurse and carpenter will pay less. Does not sound good.
@cestmoi7368Ай бұрын
More and more and more taxation…. Greater corruption, lower benefits for the working middle class. Klaus must be so proud
@iftak01Ай бұрын
Do people in Canada really pay tax on home sales
@peterg76ytАй бұрын
See the way she can barely keep herself from laughing out loud when she says it.
@guyb7005Ай бұрын
FIBerals a-tax on Canadians with NDP pillaging the credits.... sad times
@bazzuzАй бұрын
We're putting more money int he pcokets of Canadians then ever! But we're taking more than ever.
@marmantoleАй бұрын
It’s best if WE decide how to spend your money. You don’t deserve it, we’ll give it to these people instead.
@samg8012Ай бұрын
Correction. Money into whose pocket? I am lower middle class and do not get gst rebates, climate tax rebates, no federal dental and no pharmacare, no $10 daycare. Not one thing the liberals have ever given out have we ever qualified for. Lower middle class (on the border of lower class now).
@Man-xb9xlАй бұрын
I wonder when these people will be kicked out of office and jailed for their crimes against this country.
@pb3Ай бұрын
Once they stop voting for the liberal party every election, how much wake up calls do Canadians to wake up
@steveswhirldАй бұрын
as soon as im elected as prime minister ! please consider voting ''practical'' party , this will happen. thank you ,
@justintrades7851Ай бұрын
paying taxes is optional not forced.. catch me if you can move money off shore who cares owe gov money i owed 250k capital gainbs good luck getting it from me
@1joshjosh1Ай бұрын
This woman makes me cringe. Treudo and his pal Jag-meat must go !!
@nastyvinylcunter1366Ай бұрын
They really don't want doctors to stay in this country. Meanwhile, feyezur will pay no taxes on the billions they have made this tax year. That is after taking taxpayer subsidies too.
@goylanddefree80Ай бұрын
Pfizer CEO Bourla was born in Thessaloniki, Greece to a family with deep roots in the city's Sephardic Jewish community. His parents claim to be among the few to "survive the Holocaust" in the Greek port city. Although Dr. Bourla now lives in New York, he is deeply connected to his Greek Jewish roots.
@johnandrews3434Ай бұрын
OMG. Get your investments out of Canada. This will cripple the economy of Canada. Their percentage is invalid. Sell now sell sell. Do not invest or lose
@The_TwelveАй бұрын
It's disheartening to see so much pushback against a modest increase in capital gains tax. Let's remember, those who will be impacted by this change are already well ahead in the game. Meanwhile, the gap between the average Canadian and those at the top continues to widen. It's time for a fairer system that prioritizes the well-being of all citizens, not just the wealthiest few.
@steveswhirldАй бұрын
VOTE ''PRACTICAL"" for canadas sake . elect me for prime minister . thank yourselves
@act318Ай бұрын
Wow. Disgusting.
@Rosie-popsАй бұрын
I THINK THESE GRIFTERS HAVE FORGOT WHO EMPLOYS THEM, AND THERE NOTHING SPECIAL, JUST PEOPLE LIKE US, AND WOULD DO GOOD TO REMEMBER THAT....
@ZenCorvusАй бұрын
Tax, it's literally the only idea she has. Eg none.
@sjfrouleauАй бұрын
Sell your house now
@tansimaАй бұрын
Someone get some garlic. She is the new Vampire
@maxbork408726 күн бұрын
New capital gains hike won’t work as claimed, but will harm the economy as the economic costs exceed the amount of tax collected! Capital gains taxes are not paid exclusively, or even largely by ultra-high-income earners. Rather, Canadians with much lower levels of income, including many entrepreneurs and small business owners cashing out after a lifetime of work pay the majority of capital gains taxes in Canada. Therefore, any increase to the capital gains tax will affect Canadians across a variety of income levels, not simply the rich, as is claimed by Trudeau/Freeland.
@candybonhomme5915Ай бұрын
Probably the worst budget ever tabled. It's going to be a long hard road for Canadians until the next election
@francinecyr6083Ай бұрын
Who asked you she is like Justin she talks ,talks to say nothing about answers to our questions she puts us on ignore
@pmd1933Ай бұрын
They need to make rich people pay !!!
@samg8012Ай бұрын
Really? You do underatand that the wealthy simply move their assets offshore, right? At the end of the day, there will be zero to tax on the wealthy because they have the means to hide it. That will leave tens of billions in uncollected revenue which means higher debt and more burden in the middle class to pay for it. The wealthy elite are not going to do anything to hurt their fellow wealthy friends.
@charlesl1136Ай бұрын
You should live North Korea if you want to be a communist
@willie714Ай бұрын
When they can't figure out real solutions higher taxes are always the answer.
@Donquiontee125Ай бұрын
richest may see an increase in tax but they also have other means to tax avoidance, while the average citizens are taxed to the max with meager rebates.
@deepbritАй бұрын
How about more punishment for political corrupts? How about more jail terms for criminals? How about less taxes for middle class workers? How about less aid for those who doesn’t want to work?
@danboden9873Ай бұрын
Its all just designed to enrage and belittle you every minute of the day now isn't it.
@user-um9sl1kj6uАй бұрын
This also includes putting money into into bitcoin, which acts like a stock. You get money and taxes from bitcoin. Just like any other stock. Especially if you get the money from online sales, which also get taxed because it’s income
@hdjxjdАй бұрын
Is the Primary Residence Exemption still in place? If not my parent's generation (50's - 60's) will have their retirement savings gutted. Most of that generation I feel have the majority of their net worth tied up in their home. They will need that equity in order to retire comfortably.
@jameslajambeАй бұрын
Yes your ok...
@bengt_axleАй бұрын
Many commenters do not even understand what an increase in the inclusion rate from 50% to 66% means. It does not mean that there is a now a 66% tax on capital gains. Rather, it means that if you made over $250K in capital gains IN THE CURRENT YEAR, 66% of the capital gains will be subject to taxation, at your tax rate (not at a "higher rate" 2:20 as stated). Previously it was 50% taxed at your tax rate (regardless of amount of gain). There is now a higher inclusion rate, but it applies to larger amounts of capital gains in a year. This will therefore affect people flipping houses and stocks as investments, more than it affects the average homeowner (because of the exclusion of primary residences from capital gains taxes). You could argue that it is unfair because the selling price of an asset must be deflated by inflation each year, to see how much of a real gain is made, but that was the intention of an inclusion rate of 50%. Most Canadians will not have a $250K capital gains in a single year, and even if some do, they can still carry over losses from other years to offset the gains. I think millionaires will not appreciate this tax hike, but why should we worry about them more than those who are not? They can afford it and will likely use different strategies such as investing in annuities.
@rulylopez2517Ай бұрын
We have to leave Canada this is not good very bad bad bad bad
@philster6383Ай бұрын
BYE BYE
@ZenCorvusАй бұрын
Philster would join us and try to ruin the next area. That's what his ilk do
@williammatthews6273Ай бұрын
Where yah headed?
@philster6383Ай бұрын
@@ZenCorvus YUK YUK you sound like a toddler
@albertawheat6832Ай бұрын
@@philster6383 Say's the guy with a video of a toddler on his channel....214 views, you must feel like a real creator of content eh. ?
@MeeksballsАй бұрын
Good bye money!!! Hello largest debt in Canadian history!
@anascheik1500Ай бұрын
get a way from our money
@saadiasiddiky4921Ай бұрын
How do you expect people to do business here ?
@dayhsit4551Ай бұрын
middle class 100% tax,if you want
@pablohughes1426Ай бұрын
This budget will absolutely destroy small business this is nutz how can we fix this
@lancelot5190Ай бұрын
So the people who thought ahead buying smart saving up now when they sell must pay penalty this includes stocks/rap anything that you may take a risk on they want to benefit off of even more. And all because of government overspending
@BlackholeEnthusiastАй бұрын
You wouldn't be complaining like this if it was the middle class that got the tax hikes.
@lmtadaАй бұрын
@@BlackholeEnthusiasthow about tax real estate gains, instead of going after business and corporations (they pay taxes). Real estate gains are not taxed…….. How about curb spending……
@markgisborne8482Ай бұрын
"Now that we have jacked up the cost of housing, we are going to take a bigger cut"
@concretelife86Ай бұрын
Crooks
@2013khristian4 күн бұрын
The Business / Corporate community needs to put pressure on the Government to reverse the capital gain tax increase…………..
@semkim9209Ай бұрын
Just a few weeks ago, she announced her government wouldn’t be raising taxes on the middle class!
@danboden9873Ай бұрын
You can blame useless O'Toole just as much as the rest of these five times at the troughers.
@davemcd9077Ай бұрын
she mentions 2 politicians here, both Conservative....one-upmanship is KILLING Canada.