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Ottawa looking at a wealth tax

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    #21
    Originally posted by jazz View Post
    Some similar article said it would be calculated assets minus liabilities.

    So go get a jumbo line of credit for a few yrs off every quarter until idiot boys Singh and Trudeau are history.
    After last years canola buyout some of my neighbors already have that covered. I'm not the best history guy but didn't that one time tax thing start when we had to pay for the last world war ? + 10 this morn and not raining.

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      #22
      Originally posted by jazz View Post
      https://financialpost.com/opinion/jay-goldberg-ottawa-looking-at-a-wealth-tax-to-pay-for-soaring-spending

      a one-time three per cent tax on people with more than $10 million in assets, coupled with a one-time five per cent tax on people with more than $20 million in assets, would rake in $60 billion.
      https://youtu.be/nsIi5IDmALI


      Maybe they need to tax the real wealth scammers

      Comment

        #23
        Originally posted by furrowtickler View Post
        youtu.be/nsIi5IDmALI

        Maybe they need to tax the real wealth scammers
        France, Denmark, and a whole raft of EU Countries have tried the 'Wealth Tax' fiasco... and all stopped as it destroys innovation and drives creative innovative people out of the countries that are stupid enough to implement this foolish plan.

        Cheers

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