Originally posted by Tom O'Donnell
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Canada & Conservatism
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The advice that I am seeing is to pay it and you will get it back later if the government falls before they can finalize it. If you don't want to pay it, you may be hit with interest and penalties if the government somehow succeeds in averting a non-confidence vote the moment they end prorogation.Originally posted by Bob Armstrong View PostWell, I suppose big spenders will be able to hire tons of lawyers to get back the increase if it has never supposed to have been in effect!
Bob A
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Well, I suppose big spenders will be able to hire tons of lawyers to get back the increase if it has never supposed to have been in effect!
Bob A
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My understanding is that this increase is not finalized, at least by what I am reading in the financial press. By proroguing parliament this has in effect at least gone into suspended animation but Revenue Canada is still enforcing it. Any attempt to finalize it would require the government to end the proroguing of parliament and in all likelihood trigger an ensuing election. There are many articles in the financial press like the following:Originally posted by Bob Armstrong View PostConservatives & Taxation
Capital Gains Tax Increase
"The inclusion rate was increased from one-half to two-thirds for annualized gains over $250,000 by individuals, and on all capital gains by most types of trusts.
https://www.moneysense.ca/columns/as...n-legal-limbo/Last edited by Vlad Drkulec; Friday, 17th January, 2025, 11:44 AM.
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Conservatives & Taxation
Capital Gains Tax Increase
"The inclusion rate was increased from one-half to two-thirds for annualized gains over $250,000 by individuals, and on all capital gains by most types of trusts.
The [minority] Liberal government announced the capital gains tax hike in Budget 2024 and the measure was subsequently adopted by the House of Commons in June through the passing of a ways and means motion. Conservatives were the only party to oppose it.
In a post on social media [25/1/16], Poilievre said the idea of hiking the capital gains tax was “bad” before U.S. President-elect Donald Trump threatened 25 percent tariffs on Canada and now it’s “outright insanity.”
“This is a tax on home builders when we have a housing shortage, a tax on doctors when we have a doctor shortage,” Poilievre told reporters. “It is a tax on small business when we have an economic crisis, it’s a tax on farmers when we have a food price crisis, and it will send billions of dollars away.”"
https://www.theepochtimes.com/world/...&utm_content=1
Analysis: Don't tax the wealthy!
Bob A (Democratic Marxist)
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I think senile Joe Biden has that position locked down until the Democratic socialists take over, though perhaps they already did. Lets commute the sentences of child molesting murderers. What could go wrong?Originally posted by Bob Gillanders View Post
We'll just have to agree to disagree then. I believe history will judge Trump to be the worst US President of all time.Last edited by Vlad Drkulec; Friday, 10th January, 2025, 12:31 AM.
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The majority of the American voters do not agree with you, Bob G. Does that not hint to you that your opinion may be formed mainly by the MSM lies?Originally posted by Bob Gillanders View Post
We'll just have to agree to disagree then. I believe history will judge Trump to be the worst US President of all time.
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We'll just have to agree to disagree then. I believe history will judge Trump to be the worst US President of all time.Originally posted by Vlad Drkulec View Post
Trump is great for the U.S.
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I suspect that it is going to be a pretty strong conservative majority due to a poor showing by the Liberals who could still come back a bit depending on who the leader is. I kind of like Joly without knowing much about her though she may not run for personal family reasons and to address the threat represented by Trump in the time that the liberal government has left.
Elizabeth May is a lightweight intellectually speaking. She will not get anywhere near the balance of power. It will probably be the Conservatives, followed by the Bloc Quebec, followed by the NDP, and there is a good chance that May will lose her seat in the rising tide.
Trump is great for the U.S. and not so great for Canada.
For the Chess Federation of Canada, it will be a bit more difficult under the Conservatives as we don't have contact with as many insiders as we do with the Liberals. This is assuming there will be another situation like the Candidates tournament where we need to influence government policy. In most cases, the government is just a neutral force which neither helps nor hinders us. Philosophically I tend to agree with more conservative politicians. I like what I have seen of Pierre Poilievre. Elon Musk retweeted an excerpt from that hilarious interview when Pierre was eviscerating an unprepared and buffoonish journalist.
https://www.dailymail.co.uk/news/art...ter-apple.html
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Hey Bob A, if we get a minority government, what do you think of the green party holding the balance of power?Originally posted by Bob Armstrong View PostMy Prediction
No matter if Jesus Christ himself becomes Liberal Party leader, our next PM is Pierre (I hope, but don't expect, it might be a minority).
Vlad likes to mock Green Leader Elizabeth May, but I like her stance against Trump in defence of Canada.
I see Avi Lewis is returning to politics. NDP leader Singh has not impressed me. Maybe Lewis takes over as NDP leader?
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April Fools Day is still a way off. There is no time for joking in this serious moment.Originally posted by Bob Gillanders View PostElizabeth May for Prime Minister
This is how you stand up to Trump. Vote Green.
https://www.youtube.com/watch?v=mpCL...ccupyDemocrats
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Ha-Ha! The party is green with envy for Trump!Originally posted by Bob Gillanders View PostElizabeth May for Prime Minister
This is how you stand up to Trump. Vote Green.
https://www.youtube.com/watch?v=mpCL...ccupyDemocrats
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Elizabeth May for Prime Minister
This is how you stand up to Trump. Vote Green.
https://www.youtube.com/watch?v=mpCL...ccupyDemocrats
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