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Samson Soturian
The Plain Bagel
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Comments by "Samson Soturian" (@samsonsoturian6013) on "Canada's Controversial Capital Gains Tax Change" video.
Self-employed guy here: There's a host of reasons to incorporate even if it's a sole proprietorship. My reason my employer forces us all to make companies so he can deny that we are employees, but the non-compete agreements we signed are completely unenforceable.
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We all do it.
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If there's a meme about it, it's usually bullshit
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Only so much they can do and it's only worth their fee if you owe a large amount
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From a macroeconomic perspective it doesn't matter where you siphon off money from the economy all that matters is how much you siphon. And it does get really technical as there's no one tax that truly "targets the rich" due to technicalities.
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So what? Companies just pass those expenses onto their customers.
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Stock prices can rise just to keep pace with inflation. In Argentina for the last 10 years stocks outperformed the S&P but that did not keep pace with inflation so it was a net loss.
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@user-oj7uc8tw9r Not always. When outsourcing stuff online you're competing against people in third world countries with internet so often the best bang for the buck is someone who speaks English as a second language.
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@jshowao Behind? Many of the platforms are US companies. It's really a matter of barriers to entry. Teach a language? Zero barrier. Build custom software? Higher barrier.
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@bf19881988 Legally it isn't in many jurisdictions but we're forced to pretend we're companies
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@corail53 They really can enforce some non-competes. Like how Marvel actors are contracted for a character and can get fired if they're too busy to do a re-shoot or something. That actually happened, a completely different film was delayed because an actor had to fly back to California to film some quick edits to a Marvel movie. However, where I am, non-competes are illegal
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It's deducted from your wages.
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Shut up
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Idiot reporters aren't accountants.
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Shut up. Get drafted
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How much did you lose?
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A lot of people own that stuff, and Canada has a concurrent craziness with land values
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Near half of HOUSEHOLDS have net worths exceeding 100k, with the number being down to middle aged families where both parents work good jobs and own their own home. 250k net worth is only slightly rich.
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@shaun3713 Shut up
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Assuming they've gained more than a quarter million in value and change hands
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Found the shoplifter
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Contrary to popular belief, politicians don't know a damn thing about stocks.
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Investors and voters are mostly the same people, just composed and weighted differently
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It doesn't matter where you siphon from a tank, you will drain the tank one way or another
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No, the complaints are coming from retail traders who don't know what they're talking about and from Trudeau's political rivals who are looking for trivial things to complain about
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Hardeehar
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Hardeehar
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