One economist warned the reversal on capital gains changes would leave a sizeable hole in the budget that would require new revenue sources or significant spending cuts to fill.
If I remember correctly, it’s somewhat controversial amongst family farmers who want to leave the farm to their children, so the Cons may think it plays well to their base from that angle.
family farms are a tiny part of the ag industry. In the US it was under 10%. The image of a pastoral low-intensity 19th century family farm has been drilled into peoples’ minds by food industry advertising for 100 years. People like that image but it’s not real.
Ag is big business. Loans and leases for land, equipment, inputs, most of the labour isn’t from the business operator.
There’s probably under 10k family farms in Canada that would be impacted by a transfer to family and they can easily be exempted, it’s chump change for tax revenue.
At the very least, it probably didn’t bother that many people aside from the obviously targeted ones. But it’s a classic political ploy to set oneself up to be able to say something generic about having a record of reducing taxes while leaving out for whom it was the taxes were cut.
Poilievre has pledged to do a whole bunch of stuff directly opposed to my wishes and values. It’s like he’s intentionally saying “don’t vote for me or the party I lead.”
Hopefully I can make the rest of my Conservative-voting riding see that too.
He’s all for axing taxes, but also for raising defense spending and balancing the budget. If our media establishment wasn’t a bunch of cowards, they would hold his feet to the fire to explain exactly what spending he plans to cut. I mean, beyond defunding the CBC.
But remember, hes totally for the working class, what if the working class suddenly had 1000s in capital gains, wouldn’t want the big bad government taking money from working people.
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Wasn’t this a popular tax change?
If I remember correctly, it’s somewhat controversial amongst family farmers who want to leave the farm to their children, so the Cons may think it plays well to their base from that angle.
family farms are a tiny part of the ag industry. In the US it was under 10%. The image of a pastoral low-intensity 19th century family farm has been drilled into peoples’ minds by food industry advertising for 100 years. People like that image but it’s not real.
Ag is big business. Loans and leases for land, equipment, inputs, most of the labour isn’t from the business operator.
There’s probably under 10k family farms in Canada that would be impacted by a transfer to family and they can easily be exempted, it’s chump change for tax revenue.
At the very least, it probably didn’t bother that many people aside from the obviously targeted ones. But it’s a classic political ploy to set oneself up to be able to say something generic about having a record of reducing taxes while leaving out for whom it was the taxes were cut.
Poilievre has pledged to do a whole bunch of stuff directly opposed to my wishes and values. It’s like he’s intentionally saying “don’t vote for me or the party I lead.”
Hopefully I can make the rest of my Conservative-voting riding see that too.
He’s all for axing taxes, but also for raising defense spending and balancing the budget. If our media establishment wasn’t a bunch of cowards, they would hold his feet to the fire to explain exactly what spending he plans to cut. I mean, beyond defunding the CBC.
Health, dental, probably anything his buddies want to privatize. Canada’s fully captured, it’s just a matter of how fast it can be sold off
His buddies probably gotta dump some assets before Trump invades.
But remember, hes totally for the working class, what if the working class suddenly had 1000s in capital gains, wouldn’t want the big bad government taking money from working people.
/s
Yeah, that bunch are really hurting for cash too