After years of complaints about under-funding, the Canadian government announced plans for a big rise in spending on research and education – including new investments in artificial intelligence, research infrastructure and student grants.
But the increase in the capital gains tax for realized gains above $250k is going to push all of the researchers and engineers out of the country, eh! Big brain drain happening!
I have a fairly cushy IT job, and I don’t see many jobs that aren’t managerial that the tax would affect.
Enough to the point of it causing a brain drain, which wouldn’t already have happened due to other reasons.
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But the increase in the capital gains tax for realized gains above $250k is going to push all of the researchers and engineers out of the country, eh! Big brain drain happening!
I have a fairly cushy IT job, and I don’t see many jobs that aren’t managerial that the tax would affect. Enough to the point of it causing a brain drain, which wouldn’t already have happened due to other reasons.
If it gets us rid of some middle managers, that’s great!
Fucking awesome… anyway we can tie this to partial nationalization? I.e. getting funding in exchange for partial ownership going to Canada?
When we birth gigantic tech successes we should be able to recoup that investment to funnel it into other companies.
i hope this looks nothing like the sr&ed tax credit