Trudeau’s Ex-Finance Minister Criticizes Capital Gains Tax Hike - BNN Bloomberg
www.bnnbloomberg.ca
external-link
Prime Minister Justin Trudeau’s former finance minister said he rejected the idea of hiking the capital gains tax while in office due to concerns it would stunt Canada’s economic growth, and called the move “very troubling for many investors.”

0.1% people using million dollar trust funds to get their names on buildings suddenly find out they need to pay more on profits above 250 000.

Grant_M
link
fedilink
English
267M

Now we know why he’s an ‘ex’. The guy is a Conservative.

Avid Amoeba
link
fedilink
287M

So this fucker is part of why such a hike was rejected in the past according to the article.

Grant_M
link
fedilink
English
137M

100%

“…and receives well compensated board position at random corporation.”

Beaver [she/her]
link
fedilink
English
57M

Glad that they’re gone now.

Getting rid of him seems like it was the smart move.

“Billionaire Nepo Baby Sitting on Massive Unrealized Capital Gain Windfall Upset He Will Pay Fair Taxes”

There, I fixed it for you.

You could argue they’re still actually paying below their fair share, just slightly less so.

@Kichae@lemmy.ca
link
fedilink
English
337M

If you’re investing in something, you’re injecting some effort or resources into it that improve it over the long term. This means you’re not going to be impacted by capital gains taxes anytime soon.

These people aren’t “investor”, they’re speculating vultures. The only thing they’re interested in improving is their place in the personal wealth hierarchy.

We don’t need them. Eat 'em all.

Create a post

What’s going on Canada?



Communities


🍁 Meta

🗺️ Provinces / Territories

🏙️ Cities / Local Communities

🏒 Sports

Hockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


💻 Universities

💵 Finance / Shopping

🗣️ Politics

🍁 Social and Culture

Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca


  • 1 user online
  • 146 users / day
  • 270 users / week
  • 562 users / month
  • 1.99K users / 6 months
  • 1 subscriber
  • 5.73K Posts
  • 51.1K Comments
  • Modlog