Farmers and a wealth tax

**furrowtickler** · Oct 11, 2021, 08:13

They are absolutely looking at farms , both of them .

**bucket** · Oct 11, 2021, 08:25

And why wouldn't they , easy targets are farmers. Zero representation....I mean zero.

Our MPs in western Canada cheerleaded the gutting of the BRMs. The Liberals noticed that we continue to vote for them so it must be OK.

There will be a couple of articles written about how bad the wealth tax would be , but in the end like the carbon tax that wasn't supposed to go above 50 bucks , the wealth tax will be implemented.

And those conservatives will say they fought hard to oppose it. So they get elected again and then leave it there, if they get elected.

**sumdumguy** · Oct 11, 2021, 08:28

Easy target with little backlash.

**jazz** · Oct 11, 2021, 08:38

Originally posted by sumdumguy View Post

Easy target with little backlash.

Watch for the Liberals to demonize big oil and next big ag for the rising prices of everything. The real culprit is money printing.

**Oliver88** · Oct 11, 2021, 08:40

Trudeau & Singh will look into a death tax/inheritance tax, capital gains changes and fertilizer regulations. It will be done in the name of wealth equity and climate emergencies.

In the USA the senate has 2 representatives from each state, in Canada we have a senate dominated by eastern Canada.

**furrowtickler** · Oct 11, 2021, 08:43

Originally posted by Oliver88 View Post

Trudeau & Singh will look into a death tax/inheritance tax, capital gains changes and fertilizer regulations. It will be done in the name of wealth equity and climate emergencies.

In the USA the senate has 2 representatives from each state, in Canada we have a senate dominated by eastern Canada.

Unfortunately you are very correct along with cheerleading from many members of the NFU

**jazz** · Oct 11, 2021, 08:51

They got most of the world to sign on to this 15% min corp tax mandate. Watch for something like that to get pushed in as well.

A wealth tax is just about unavoidable. Calculate your assets and demand a tax bill every year for it. CG and inheritance have some wiggle room using corporations and gifting land to family before death.

But any revenue collection has to be in a budget bill. So we have 6 months to plan for it.

Also watch for border carbon adjustments and this clean fuel standard garbage to hit us as well.

**littledoggie** · Oct 11, 2021, 08:53

[QUOTE In the USA the senate has 2 representatives from each state, in Canada we have a senate dominated by eastern Canada.[/QUOTE]

AND they elect them. All we get to do here is elect a dictator for 4 years. Is it time for the constitution to be opened?

**jazz** · Oct 11, 2021, 09:02

If a wealth tax comes in, it will be much easier to handle if under the corp tax rate rather than personal.

If your land is held personally like mine is, that would be a big hit.

Maybe a trust is also a way to handle it?

Farmers and a wealth tax