The federal government is ready to proceed with a controversial tax hike announced in the April budget. It applies to capital gains above $250,000 — capital gains are the profit made on the sale of stocks, investment properties or a business.
Some professionals like doctors and lawyers are against the hikes, citing retirement planning concerns.
But as David Akin reports, the Liberals may be more concerned about scoring political points over the opposition.
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Trudeau can easily tax Canadians by 100% on all incomes and profits, and still get away with it.
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media is totally controlled. The media are the government. What they say goes. You have no representation. The whole system is based in fraud
What about CPP 2 payments starting this year for employees and employers. $79k salaries and up will be charged more. The paymenrs eill be even more next year. I thought our CPP was one of the most well run and solid in the world? ?
The liberals are destroying Canada, they don't care. The Liberals only care about votes from new immigrants that do not understand how our economy works. By destroying small business profits you destroy business ability to expand and adapt. Basically no one will be working in Canada if this continues.
How many times does the gov eat. Hello. The gov is treating everyone as fools. When did Canadians give any gov authority to extort monies from Canadians ? Never did? Thievery
Another tax grab by the greedy liberals, over taxed to death by an incompetent government.
Our government is out of control. Stop stealing peoples money!
A company pays 1 million to its 20 employees (50k each) per year. The employees tell the government to tax the rich. The government listens and raises taxes. The company needs to make up for the extra taxes, so it fires 5 people to compensate. The result: The government got richer by taxing more, so Justin Trudeau gets a new vacation. The company breaks even. The 15 people left in the company have to do the work of 20 people, so they are overworked and unhappy. The 5 that got fired are now unemployed and even more unhappy. Taxing the rich never gave money to the poor, it just gave Trudeau an extra vacation. Period.
Not being one of the 40,000 affected by that tax, I completely support it!
the raise in capital gains is a great idea
Nobody is buying it. The Liberals are TRAITORS.
When are we going to kick all these crooked out of parliament for good?? . I am sick and tired to see Miss Freeland made fun of Canadian when she is talking .
Remindef capital gains tax affects the rich not the average person don’t let the rich convince you that it will affect you.
Try spending less we don’t want taxes
How many M P s have foreign bank accounts
Does the NDP realize that Canadians see them protecting a treasonous government full of foreign spies?!? Goodbye Jags!
Losing more doctors now to the states
Liberals will not stop taxing hard working people until there is nothing left to take
I think paying tax on 50% of capital gains is more than enough to give up. Especially since you were already taxed on the money that you spent on that investment in the first place. Enough already! The Liberals are way past their “best before” date. It’s time for them to be gone! We need some fiscal responsibility in Ottawa.
Why didn't you address the obvious question: how many of these 40k people are doctors with practices they will get less for? There are 48k general/family doctors.
40,000 people. ms book writer is totally clueless of who rental property owners are. 250,000 profit is too much money for them? they should lower their salaries.rental property owners are important!!!!!
Just think, your forced to sell your home prior to foreclosure the LIBNDP Social disease Party will sweeten their pot without remorse.
More communisim for trudeau's pets.
This woman could give me $20,000 cash and i still wouldnt trust her or support her democratically .
Don't understand why she can do her job at the start? She just a journalist and had no knowledge of financial and economics ?
We might as well be a communist state, am I right?
Of course that’s the plan to tax Canadians into poverty.
What I don’t like about liberal is that they are taking zero accountability for all the mess they created. They just keep wasting and moving onto new resources.
About time to tax the rich…
Still despise the liberal party though…
obviously doctors wont like this but are doctors looking at the whole picture and balancing everything out? most likely not
What a disgrace, these ? should be in the jail, freeland ??
JT and Freeland have made Canada a third world country ?
I used to be a sworn Liberal, not anymore. Trudeau has done too much harm.
The sucking sound of capital leaving Canada is about to get louder. Peasants moving in by the millions. Investers moving out.
Here’s a better idea, eliminate capital gains taxes in their entirety for everyone
Put all the Conservative Party of Canada MP's on the record with their vote against the capital gains tax hike which will affect wealthy elites. It will be a political goldmine for the Liberal Party of Canada who then can tell voters look at the conservatives once again looking after their wealthy friends.
Kick him out! ????