Comments by "Sam195" (@Sam19509) on "Poilievre being forced to vote on capital gains tax changes" video.

lol it is obvious. It is a tax fairness issue so rich people like Poilievre pay their fair share.😂
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lol you make no sense. The point of this tax change is to bring it closer to parity the income taxed on workers and those taxed on investments. Why should a Nurse or Carpenter pay income tax on every dollar while a Real Estate investor or a stockbroker or even a Doctor only be taxed on 50% of their income if they are solely making it through a Capital Gain? The Capital Gains inclusion Tax rate was at 75% under Mulroney Conservatives. It was actually the Chrétien Liberals who reduced it to 50% before the 08-09 financial crisis and the pandemic where that investment loophole was being abused now Trudeau is fixing it. And he is going to use the increased revenues generated to pay for programs that reduce income inequality like affordable housing, childcare, pharmacare, dental care and etc.
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He is richer than Trudeau. I have been pointing that out for years. Trudeau doesn’t even own his own home. Poilievre has multiple rental & investment properties. Both live in Government housing but only one is PM.😂😂
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@theowoytowich9959 lol not everyone is savvy enough to hire an accountant set up a corporation and use other tax loopholes to reduce their tax burden. Most of the people who do this were high earners or wealthy before they used the corporation structure to realize capital gains.
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@aetherfox4404 where the fk did you get your information? You realize Trudeau by law files a Public Financial Disclosure Form with the Ethics Commissioner. If he lies on it he gets an ethics violation and a fine and it is widely reported in the media. Trudeau inherited Pierre Trudeau’s home in Montreal alongside his brother Sasha and his half sister. It was already reported the brother Sasha bought out Justin’s and their half sister’s stakes in that inherited property. They also had a deceased brother who died when Pierre Trudeau was alive so it is likely he revised his will so his inheritance is split among his living children. This was widely reported during the Liberal Leadership race Trudeau won in 2013 and I think is mentioned in his Pre-PM memoir common ground. Go read it.😂😂
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@aetherfox4404 Also all those Liberal MPs are going to pay the higher capital gains tax their government is enacting. Politicians are not exempt from taxes they owe like every other income earning Canadian citizen/resident.
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Ok rich boomer.😂
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@theowoytowich9959 polls are saying otherwise. More than 50% of Canadians support the Capital Gains Tax increase that was before the Conservatives announced their official position and the vote took place with every other party joining the Liberals to pass it. Trudeau found the crack in Poilievre’s freedom spiel nonsense that translates to support for tax cuts & loopholes that disproportionately benefit the wealthy aka the 1% aka the millionaire & billionaire class. He is going to rip that crack open all the way to the next official fixed election date in 2025. That is more than enough time to close his polling gap. He did this with Harper in 2015 increasing the income tax rate for people making $200k+, cutting the middle income tax bracket for the middle class and combining various child tax deductions and benefits into the new expanded income-tested Canada Child Benefit that stops the government from sending those benefits to millionaire & billionaires families.
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@TheGruntski lol Liberals are increasing the Lifetime Capital Gains exemption to $1.25m for small businesses and the increased tax only applies to capital gains above $250k and it is above $250k per person in a corporate or partnership structure. Only the wealthy like millionaires and above are going to be dinged the most. Conservatives are trying to spread lies about this like the carbon tax. The problem is majority of Canadians don’t get capital gains outside their principal residence so they know they won’t pay more. The principal residence exemption is intact and Freeland said it is enshrined in law.
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