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    Protect Yourselves

    Guys just watching one week of this campaign and I can say we don't got this. It will be a LPC majority. The media is totally in his pocket and Que doesn't care about scandals or law breaking.

    Protect your own operation is my best advice. Because not only will it be ignored, it will eventually be shaken down. Kenny is moving too slow and cautiously so don't rely on anything there.

    Attached is a proposal from the LPC to go after residential capital gains. Land and investments will be next.

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    #2
    Originally posted by jazz View Post
    Guys just watching one week of this campaign and I can say we don't got this. It will be a LPC majority. The media is totally in his pocket and Que doesn't care about scandals or law breaking.

    Protect your own operation is my best advice. Because not only will it be ignored, it will eventually be shaken down. Kenny is moving too slow and cautiously so don't rely on anything there.

    Attached is a proposal from the LPC to go after residential capital gains. Land and investments will be next.

    [ATTACH]4924[/ATTACH]
    They need money to help pay for all the freeloaders in Canada , and of course to continue to funnel money into Quebec

    Comment


      #3
      In some real estate classes, speculation has driven prices out of the affordability range of new entrants/owners....it is blatantly obvious in farmland.

      I would rather see my farming neighbor get land I want than some speculating investor looking for somewhere to park excess money!

      Comment


        #4
        Originally posted by jazz View Post
        ...Attached is a proposal from the LPC to go after residential capital gains. Land and investments will be next.
        Jazz don't you ever get tired of spreading BS, propaganda and fear mongering? That was a proposal TO the LPC. Do you know if it was accepted by the LPC? What was the vote by LPC membership on this proposal? Is it part of the platform or was it defeated or did it even get to a vote?


        All parties have conventions and delegates can put forward any ideas they want to the party for consideration. Some never even make it to the floor for a vote, they are so outlandish. Others are accepted and still may not become policy; it is simply considered direction for further consideration and study by the party.

        Last summer, at the Conservative convention the Thunder Bay-Rainy River riding association to submitted a proposal to declare pornography a "public health risk." However, fifty-three per cent of Conservative delegates debating this voted to reject the resolution that the government develop "laws, policies and programs to prevent pornography exposure and addiction." So does this mean that the CPC supports pornography? Of course not, but I sure if you were a Liberal you would have no trouble spinning it that way just as you have done with what you posted.

        Comment


          #5
          Make no mistake Trudeau/Goodale want capital gains taxed....especially on farms....considering the recent gains on farm land....


          As far as making moves to avoid it....they will look at the timing of sales and to who.....

          They will also monitor the value of the sale as well....


          CRA always have....

          Comment


            #6
            Originally posted by dmlfarmer View Post
            Jazz don't you ever get tired of spreading BS, propaganda and fear mongering? That was a proposal TO the LPC. Do you know if it was accepted by the LPC? What was the vote by LPC membership on this proposal? Is it part of the platform or was it defeated or did it even get to a vote?


            All parties have conventions and delegates can put forward any ideas they want to the party for consideration. Some never even make it to the floor for a vote, they are so outlandish. Others are accepted and still may not become policy; it is simply considered direction for further consideration and study by the party.

            Last summer, at the Conservative convention the Thunder Bay-Rainy River riding association to submitted a proposal to declare pornography a "public health risk." However, fifty-three per cent of Conservative delegates debating this voted to reject the resolution that the government develop "laws, policies and programs to prevent pornography exposure and addiction." So does this mean that the CPC supports pornography? Of course not, but I sure if you were a Liberal you would have no trouble spinning it that way just as you have done with what you posted.
            Did you know Harper tried to make certain special groups financially accountable ? Yet the instant JT got in he turfed that , Along with many other things that would have made this a better country today ? Or you don’t want to hear about that ?

            Comment


              #7
              Why is my luck everyone else's?

              If I knew what was going to happen to farmland prices I "woulda coulda shoulda" borrowed as much as possible and bought as much as I could have. Too late now, I think the party is pretty much over.

              Comment


                #8
                Originally posted by dmlfarmer View Post
                Jazz don't you ever get tired of spreading BS, propaganda and fear mongering? That was a proposal TO the LPC. Do you know if it was accepted by the LPC? What was the vote by LPC membership on this proposal? Is it part of the platform or was it defeated or did it even get to a vote?
                Its already been implemented on a small scale with the LPC new home buyers plan where the govt get a share of your house and the gain on sale. That's just the test program. It will be expanded. Its the only thing they have to go after for the outrageous spending program.

                Speculation should be curbed but they don't want that. They want those untaxed CGs no matter how it comes about.

                Don't think it cant happen. Think about the past 4 yrs what couldn't happen and did.

                Comment


                  #9
                  Maybe monetary policy is to blame, almost free use of borrowed money at the Saver's "expense".

                  Comment


                    #10
                    Originally posted by wiseguy
                    It might of been better to borrow than to save !
                    Definitely!

                    Saver's incurred the "expense" of inflation against their dismal returns, probably eroding into principle.
                    Last edited by farmaholic; Sep 16, 2019, 08:08.

                    Comment


                      #11
                      From what I understand the capital gains would be charged on houses that have not been owned a very long time before reselling.The longer you have owned the house the less capital gains you would have to pay.As far as farmland a sliding scale like that may not be a bad idea.If you have a long term farm no capital gains.But if you are flipping then there would be.

                      Comment


                        #12
                        Originally posted by farmaholic View Post
                        In some real estate classes, speculation has driven prices out of the affordability range of new entrants/owners....it is blatantly obvious in farmland.

                        I would rather see my farming neighbor get land I want than some speculating investor looking for somewhere to park excess money!
                        Favors the Hutts.
                        Rather them than the Chinese though.

                        Comment


                          #13
                          Originally posted by newguy View Post
                          From what I understand the capital gains would be charged on houses that have not been owned a very long time before reselling.The longer you have owned the house the less capital gains you would have to pay.As far as farmland a sliding scale like that may not be a bad idea.If you have a long term farm no capital gains.But if you are flipping then there would be.
                          Remember the GST and carbon taxes and PST. Soon as you slip a little percentage type tax on to something, its easy to raise it by increments over time. So its 5% for this govt, but then the next makes it 7% or increases the sales period to 10 yrs etc etc. Or you do a little trick like charge tax on tax. Then it should be expanded to farmland.

                          Tax payers are boiling frogs.

                          Comment


                            #14
                            Don't be naive.
                            If it's talked about long enough it will happen. Think gun laws.
                            Or the wheat board. That took decades.
                            Or Quebec, or first 'nations'
                            Make no mistake, a lot of people are aware of the "money" farmers have.
                            I'm currently spending 5 digits trying to explain farm accounting to a family Court judge.

                            Comment


                              #15
                              Originally posted by farmaholic View Post
                              Why is my luck everyone else's?

                              If I knew what was going to happen to farmland prices I "woulda coulda shoulda" borrowed as much as possible and bought as much as I could have. Too late now, I think the party is pretty much over.
                              The following will be posted on Agriville Sept 2029.

                              If I knew what was going to happen to farmland prices I "woulda coulda shoulda" borrowed as much as possible and bought as much as I could have. Too late now, I think the party is pretty much over.

                              Comment

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