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Capital gains changes have Canadians rushing to get ‘affairs in order’
Global News ^ | June 24, 2024 | Saba Aziz

Posted on 06/25/2024 11:41:38 AM PDT by nickcarraway

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1 posted on 06/25/2024 11:41:38 AM PDT by nickcarraway
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To: nickcarraway

They are being obliterated right before their eyes at warp speed, and keep taking it! White people are terminally stupid


2 posted on 06/25/2024 11:47:01 AM PDT by Captainpaintball (America needs a Conservative DICTATOR if it hopes to survive. )
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To: nickcarraway

The SCOTUS ruling yesterday is a harbinger of what is headed for us.


3 posted on 06/25/2024 12:00:39 PM PDT by vetvetdoug
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To: nickcarraway
Good L'il sheepies.

I'd lean more towards sighting in at 200 yards.

4 posted on 06/25/2024 12:01:48 PM PDT by blackdog ((Z28.310) Be careful what you say. Your refrigerator may be listening & reporting you.)
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To: nickcarraway

Under the new changes, that inclusion rate would rise to 67 per cent from 50 per cent on any gains realized above $250,000 annually for individuals.
= = =

So they print money, and inflate everything (to above $250K).

Then the resulting gains are taxed at 2/3.

So then they get back most of the phoney inflated money.

So I have sold my asset. And the gain is mostly gone. And gasoline, et.al. are still unafordable.

I should have had an economics class.

Oh, I did, but back then it made sense.


5 posted on 06/25/2024 12:07:10 PM PDT by Scrambler Bob (Running Rampant, and not endorsing nonsense; My pronoun is EXIT. And I am generally full of /S)
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To: vetvetdoug

Which ruling?


6 posted on 06/25/2024 12:07:37 PM PDT by nickcarraway
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To: vetvetdoug

The only saving grace to that is the fact that congress makes so much of their wealth through stocks and capital gains...it would seriously impact them as well.....unless they somehow carved themselves out of a tax increase to capital gains or some weird crap in taxing unrealized capital gains.

I think carving themselves out of a tax liability that the rest for the nation would have would hopefully get smacked down from the scotus.


7 posted on 06/25/2024 12:21:34 PM PDT by suasponte137
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To: blackdog

Thats what everyone sights in at.....and the Army sights in at 300...so you better make it 400.


8 posted on 06/25/2024 12:23:13 PM PDT by suasponte137
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To: nickcarraway

Canada is ruled by a fascist government that uses the monarchy as its ultimate tool for beating down Canadias with socialism.

CAnadians are somnolent serfs. They cannot even get tyhe courage to epect politiicians who are for a reduction of firears control.Cowards.

Alberta is the only Canadian Province where people actually fight for their freedom.


9 posted on 06/25/2024 12:30:32 PM PDT by Candor7 (Ask not for whom the Trump Trolls,He trolls for thee!),<img src="" width=500</img><a href="">tag</a>)
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To: nickcarraway

Didn’t Trudeau lose a seat a couple of days ago ?


10 posted on 06/25/2024 12:33:56 PM PDT by butlerweave
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To: Candor7

Have you been to Canada or are you repeating what you have seen on right wing blogs and media? There is an incentive to exaggerate claims that make countries that have leftist governments into something worse than they are.


11 posted on 06/25/2024 12:37:53 PM PDT by Dat
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To: Dat; Candor7

As a Canadian, I can assure you that Candor 7 is almost dead-on in the assessment of an appalling number of my fellow citizens.


12 posted on 06/25/2024 1:02:05 PM PDT by Don W (When blacks riot, neighborhoods and cities burn. When whites riot, nations and continents burn)
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To: Scrambler Bob

“Then the resulting gains are taxed at 2/3.”

The resulting gains are not taxed at 2/3.


13 posted on 06/25/2024 1:32:49 PM PDT by steve86 (Numquam accusatus, numquam ad curiam ibit, numquam ad carcerem™)
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To: suasponte137
The best advice is FRadvice.

Bon Chance, mon ami.

14 posted on 06/25/2024 2:16:18 PM PDT by blackdog ((Z28.310) Be careful what you say. Your refrigerator may be listening & reporting you.)
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To: steve86

taxable capital gains from 50 to 67 per cent for individuals realizing more than $250,000 in capital gains annually.
= = =

Well, I was calculating that 67 per cent is 2/3.

But I will use your numbers.


15 posted on 06/25/2024 2:46:45 PM PDT by Scrambler Bob (Running Rampant, and not endorsing nonsense; My pronoun is EXIT. And I am generally full of /S)
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To: suasponte137

and the Army sights in at 300...so you better make it 400.
= = =

Well, 67% inflation would move 300 yds out to 500 yards.


16 posted on 06/25/2024 2:48:46 PM PDT by Scrambler Bob (Running Rampant, and not endorsing nonsense; My pronoun is EXIT. And I am generally full of /S)
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To: nickcarraway
Get ready for the same here. It will usher in a stock market blood bath. Congress fiddles away while the Trump taxes expire. But what is the point, FJB would not agree with extending anyway.

MORE MONEY! MORE MONEY! The government hog screams as he gobbles everything in sight and turns it into shit.

17 posted on 06/25/2024 2:57:17 PM PDT by Sequoyah101 (The Government that got us in this mess is not the Government that can get us out of it.)
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To: Don W

Will Poillivere (sp) win?


18 posted on 06/25/2024 3:10:00 PM PDT by Lizavetta
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To: Lizavetta

It is wholly dependent on how Ontario and Quebec vote. The ROC (rest of Canada) is just along for the ride most of the time, it’s Toronto and Montreal that decide our nation’s direction most of the time.


19 posted on 06/25/2024 3:40:47 PM PDT by Don W (When blacks riot, neighborhoods and cities burn. When whites riot, nations and continents burn)
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Kiss investments goodbye.


20 posted on 06/25/2024 3:41:55 PM PDT by Fledermaus (We Are Now In A Civil War!)
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