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Old 08-20-2024, 09:58 AM   #13442
Winsor_Pilates
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Quote:
Originally Posted by Harry Lime View Post
Why there shouldn't be opposition to the increase in capital gains tax. Yes, there could be some tweaking done.... but God the income disparity in this country is bad.





https://www.bnnbloomberg.ca/business...-years-report/
Any opposition I saw was on how this will impact average income earners when they sell off an investment property they've held for decades as part of their retirement planning.
People's who's annual incomes are no where near $250,000 and are largely effected by the growing income disparity you've mentioned.

That and the bold faced lie Freeland was making on how this will only effect 0.13% of Canadians with an average income of $1.4M.
We should all be in opposition to politicians insulting our intelligence and lying to us so blatantly.

Perhaps a tweak so people with actual low/modest annual incomes are exempt from the increase and only the upper wealthy are truly targeted?
That would eliminate almost all opposition IMO.
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