Quote:
Originally Posted by CorsiHockeyLeague
I think we've seen the fatal Achilles' Heel in this thread concept: iggy_oi exists.
This can't be a thing. It would be an instant path to securing somewhere around 0 seats in parliament. It would be more politically suicidal than the CPC promising to try to overturn gay marriage.
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Could be applied in many ways....
Levity aside, elimination of the Principle Residency Exemption on home sales to have them taxed would be a significant and fundamental shift in our tax code.
This isnt some casual throw-in. I havent seen anyone say that this is an element of their platform but I'd be surprised to see it.
Whats the trade off? Typically if homes were to be taxed in that manner then simultaneously homeowners would or should be able to deduct expenses relative to that property.