In his own words.... if you make money on the sale of your house they will tax it.
https://twitter.com/CPC_HQ/status/1435968363314827272
"But of course, anyone selling their primary residence, if you do make money on that, unfortunately you will have to pay tax on that. I wouldn't agree to that either but it's what we have to do." -Jason Hickey, Liberal Candidate, New Brunswick Southwest
OUCH !!!! !!!! that’s gotta leave a mark on the village idiot’s campaign !!!Quote:
Originally Posted by mosquito
That is what they used to call back in the Communism-wealth transfer. Not expropriation-oh no.
Take from the one who has(tax on hard earned home),and share it with the ones who do not have(great big portion of them -they do not have, because of their own issues)
At the second hand-this may explain why they let house prices go so high-the bigger the gap, the more the money -FOR THEM.
I guess, we are just making the money for Ottawa ,to spend it willy nilly.
Dolce vida.
I think hard core Liberals which are generally Union people will have no problem with this.
Quote:
Originally Posted by rick_iles
What they forget is when you sell your primary home ... you have to live somewhere, so you incur the cost of the next home, which I can reassure you, has the cost of capital gains tax added in (this will inflate home values further) ... and in the end, not only do you lose agents' commission and legal fees ... you'll also lose capital gains tax ... everytime you have to move ... so instead of there being a $50k penalty on the average home cost now in GTA .... could be easily $80k to $100k penalty with capital gains. This is a STUPID tax model.Quote:
Originally Posted by mosquito
Our goof of a prime minister is trying to convince us he'll make housing more affordable, meanwhile he wants to do this? Like my mind is so baffled at the stupidity of what he is saying ... he is unfit to lead this country.
I wouldn't even let him be a drama teacher again, I wouldn't want my kid in the same classroom as that moron.
That is why you will own nothing and be happy......
So what will they do for someone like me whereby my home is paid off but I was never allowed to deduct the interest on my mortgage and now they expect me to pay capital gains? It makes no sense.......idiot.
I am sure they will start off with it slowly so it gets passed..
"We will only be taxing those rich individuals that have made over (pick a number) 5 million? on their home." Most Canadians won't protest that number. Once this new tax gets in the books, it will be easy to change it to suit their needs. Eventually everyone will get used to it and it will become the new norm. Governments are good at taking our money.
I suspect that is what they will do as well. Then Liberal Tax Lovers will be happy not realizing they are next on the list.
Liberals have always loved taxing people they were very upset when Harper brought in the TFSA
Quote:
Originally Posted by fratri
when Pierre E Trudeau was running for prime minister he stood before the people and promised nothing..he kept his promise! and now his legacy lives on in the form of his IDIOT SON! Thats my rant for this evening..thankyou
I'm pretty sure they didn't forget that part.Quote:
Originally Posted by MarkB
.... or now instead... an ANNUAL tax on your house.
Liberals keep flirting with taxing your home while denying it's on the agenda
https://torontosun.com/opinion/colum...-on-the-agenda
"They propose an annual surtax on homes of between 0.5% and 1% per year to raise $5.8 billion annually for the government. "
Translation, take $5,800,000,000 out of taxpayers pockets and out of the economy!
What's really going on with plans to tax the value of Canadian homes?
https://torontosun.com/opinion/colum...canadian-homes
Reminds me of something... oh wait "in 2030 you will own nothing" ... making housing too expensive to have.
I am pretty sure that is one issue that all Canadians can get behind and send a clear message that we do NOT want this.
Liberals couldn't care less what anyone thinks. This will play well with their base,you know,all their supporters who are getting free money by the bucket load mostly in Toronto,Montreal,Vancouver and the Maritimes.Quote:
Originally Posted by 410001661
If you find any of that free money coming my way, please let me know.Quote:
Originally Posted by trimmer21
I agree, they have their huge criminal base from the city to play from.. Yes another voter base O'toole couldn't connect with...Quote:
Originally Posted by trimmer21
Attachment 43077
Us retirees haven't recieved a nickle. The freeloaders got the gold mine and we got the shaft. Even the Mrs. (American) got $2800 in the form of two cheques from President Trump.Quote:
Originally Posted by Gilroy
Your Ok brother I still got some potatoes left I can share with you.Quote:
Originally Posted by trimmer21
Nope we haven't rec'd a nickel, but why the hell should we? I haven't lost any income like so many have, so don't feel that I'm entitled to anything. Ticks me off that many who shouldn't have either, have played the system when so many really need the help right now, but still don't feel like I'm entitled to it.Quote:
Originally Posted by trimmer21
It is not the free money, look at the last election, it is fear.Quote:
Originally Posted by trimmer21
JT was way behind in the polls, to the point of it being a Conservative majority. Then he pulled out the gun card, he claimed that O'Toole was going to make machine guns legal for all in Canada and the polls flipped on a dime.
Interesting assertion but after some research I can find nothing to support this? Could you give me some evidence this is what swung the election.Quote:
Originally Posted by Fox
Actually he did I think it was around the second week. Trudeau claimed Erin O'Toole was going to legalize all guns
Quote:
Originally Posted by Gilroy
But where is the evidence that it swung the election?Quote:
Originally Posted by greatwhite
Just find what week Trudeau starting saying O'Toole was going to unban the 1500 guns and look at the counts from then on. It was quite obvious.
Quote:
Originally Posted by C.A. in TO
It’s you that said it. I don’t see it. And shouldn’t have to look for your proofQuote:
Originally Posted by greatwhite
As someone who actually voted Liberal (gasp!) and know many others that did, it wasn’t likely the reason that your guy lost. He did that himself
Of that,there's little doubt. Going "liberal-lite" was the kiss of death.Quote:
Originally Posted by C.A. in TO
It's a "darned if you do; darned if you don't" situation. The Conservatives will never hold power with a hard right platform. They tried to become central to attract a broader scope of the voters and got accused of not following their roots.Quote:
Originally Posted by trimmer21
They did, however garner enough votes to win the election, they held the Liberals to a 'minority'. That was a Win, not a loss. The fact that they also won the popular vote proves the election system is broken, even the Village Idiot promised to fix it...just fail to deliver on that promise.
Agree that cons cannot win a federal election on a hard right platform.Quote:
Originally Posted by MikePal
What the country needs is for either side (libs or cons) to put together a middle of the road platform that isolates the left and right and appeals to the middle.
This is what used to happen in Canada when a party won a majority. You cannot govern Canada with only the right wing vote - not even with the right and middle-right.
As long as conservatives push for hard right policies, the liberals will continue to run the country.
I don't think there is anything 'hard right' about the PPC. The problem is the overton window has shifted so far left that people have lost perspective.Quote:
Originally Posted by werner.reiche
But I understand what you're saying. Basic, even centrist positions (such as no mandates and basic freedoms for all) are seen as "far-right conspiracy theories" so it's a long, hard sell to get things back on track for any party to the right of Stalin.
People want their free stuff, cheap goods, immediate gratification, 24/7 access to drugs & booze, and constant reminder that everything is always someone else's fault. Good luck trying to put that genie back in the bottle.
Pretty much, the Liberal lies, coverups, corruption and the blind dedication of their accomplices in Canada's looming crash are dismissed by the bought and paid for media that have no issues with lies themselves. The people that paid some attention could see the sh** pile the Libs are but many blindly went with the flow or ignored or had no interest in thinking or morals. Mad Max made sure the Libs got the votes they needed too, still less votes than the Conservatives but the LIbEralS kept their minority, they call it a mandate though. I went into most of the lies etc. in the link below but its sad the moral and mental lack when even the Simpsons cartoon understands him better or they don't care in the Tru-Cult and like the lies and power grabs... just like Mao, Stalin, Castro supporters.Quote:
Originally Posted by trimmer21
https://www.youtube.com/watch?v=6z47HvBDtP4
A review of the sh** the Libs are.
https://www.oodmag.com/community/sho...hlight=Liberal
Quote:
Originally Posted by Bushwhacker
They aren't for the most part if you compare their position to a couple decades ago... BUT when you move centre 10 steps to the left due to the media, lack of integrity and entitlement philosophy a tiny bit right from the past suddenly looks very right. Integrity, honest, balanced budgets, ethics, hard work, fairness, equality... all are hate words now to some on the left using the old definition, not the politically correct version the left changed it to. Amazing the hatred of the tiny bit right by the media and the accomplices when you look at history it is the National Socialists, Communists and Socialist dictatorships that are responsible for so much pain, death, loss of freedoms etc. in the last century... rushing to make the book 1984 a role model and ignoring history, dooming the future!
I thought this was the plan:
"A think-tank funded in part by the Canada Mortgage Housing Corporation (CMHC) and National Housing Strategy is proposing that homes valued at more than $1 million be subjected to an annual deferrable surtax as part of a plan to tackle housing inequality."
As I don't have a million dollar home, I wasn't worried.
CMHC-funded group proposes surtax on homes over $1 million to address housing inequality | Financial Post
90% of the homes sold around our area are selling for $1M plus. Taxes on resales will be the biggest governmental cash cow in history,at least,until the bubble pops and real estate values crash.Quote:
Originally Posted by Sharon
So in other words, tax the snot out of some guys home that he worked his arse off to get and maintain !!! I’m starting to believe the village idiot’s great reset scheme !!!!Quote:
Originally Posted by trimmer21
Thanks. I guess I live in a hole. :) I didn't know houses/properties were that expensive up there.Quote:
Originally Posted by trimmer21
It would make sense the majority liberal votes are from the gta where housing cost have ballooned. They voted liberal its time to pay for what they vote for.Quote:
Originally Posted by trimmer21
Toronto is Trudeau's voter base and is likely why they haven't pulled the trigger on it. Don't bite the hand that feeds you.Quote:
Originally Posted by Patriot
Well one would have to believe real estate values will drop. The lack of housing inventory and level of immigration still see's a trend upwards.Quote:
Originally Posted by trimmer21
We are behind 650,000 houses in Ontario alone.
https://financialpost.com/news/econo...ays-scotiabank
Possibly,but,not likely. Interest rates will have to rise at some point and when they do,hundreds of thousands of over extended people will be burnt badly.Quote:
Originally Posted by Gilroy
Well in the last 4 years they have added over a million new immigrants to Canada, probably mostly in Ontario and Quebec. In southern Ontario right now there are about 6,700 houses for sale for $1,000,000+Quote:
Originally Posted by trimmer21
https://www.realtor.ca/map#ZoomLevel...0&Currency=CAD
Then the Liberals say that they want to increase the 410,000 immigrants (double what was usual a decade ago) to 430,000, during COVID to make it more interesting and we have a housing shortage, soaring inflation, interest rate increase soon.... what could go wrong.
Sunny Days...
https://www.youtube.com/watch?v=xpj7N7dJeSU
P.S.
Forgot to add the numbers.. average house for all of Canada was $720,000, so as a guess likely 20% or 25% would be taxed, more money grabbed by the incompetents!
https://creastats.crea.ca/en-CA/
I do not see a whole bunch of folks losing their homes, the stress test for mortgages has been in place for years, baby boomer parents of these folks will bail them out if things get drastic.Quote:
Originally Posted by trimmer21
Yeah okay, maybe if they're senile, why would they surrender the nest egg to bailout the silly kids that paid a million dollars more than the actual value of the house.Quote:
Originally Posted by Gilroy
Immigration is now one of the biggest problems in the country. The housing crisis will increase with our countries worst Immigration policies thanks to federal liberals.Quote:
Originally Posted by mosquito
That one is pretty simple to answer, the nest egg is making less than a .5% in a GIC and the money is not really being used. Helping the family who will be paying 2,3 4% is a no brainer. I know of nobody who has paid a million more than what a house was worth. This is Capitalism supply and demand, all the good stuff you guys like.Quote:
Originally Posted by GloryHole
Any taxes assessed against real estate profits are quite clearly a shameless cash grab. All real estate that's not commercial is paid for in after-tax dollars. It's nothing more than a glaring Liberal Party implementation of socialist/communist wealth re-distribution doctrine they've been espousing for decades.
Stress test in the past was much easier.
Quote:
Originally Posted by Gilroy
Well I guess you're right about that depending on how much you'll be penalized on the shuffle. I'm referencing a Pierre Pollieve FB post where a home sold in Bowmanville for 694,000 in 2018 and recently sold for 1.6 million without any upgrades.Quote:
Originally Posted by Gilroy
Any party in power is going to tax you, I, am about to be taxed on my pension from abroad by the Canadian government, I contributed with after tax dollars here, sent it abroad and its about to be re taxed. I won't be getting even a kiss from the CRA, not even allowed to claim it as a tax deduction at any stage.Quote:
Originally Posted by trimmer21