No, it's not "anyone who invests". The change is only for capital gains above $250,000. If you're reporting $250k or less in capital gains each year, you see no change whatsoever.
What retail investors are making those kinds of realized returns?
Kichae
joined 1 year ago
The better question may be, what has he done right?
That's not to say it's a right/wrong binary, but rather: What has he made better? How has he improved the lives of people living here?
His biggest accomplishment has really been not being Stephen Harper, Andrew Scheer, or Erin O'Toole. And the biggest reason to vote Liberal in the next election is him not being Pierre Poilievre.
It's almost as if the people that run corporate media gain to lose something from the capital gains increase and are going all rapid dog over it.
Not even a lot. Just... something. They're totally unwilling to give up anything at all.
If you're investing in something, you're injecting some effort or resources into it that improve it over the long term. This means you're not going to be impacted by capital gains taxes anytime soon.
These people aren't "investor", they're speculating vultures. The only thing they're interested in improving is their place in the personal wealth hierarchy.
We don't need them. Eat 'em all.
Or often any of it, until retirement. If you actually do work for a living, you don't have time to be constantly shifting assets around the market.
Brain drain? The brains are pulling salaries for their primary income. If you want to stop brain drain, pay your employees more, you whiny, greedy leeches.
Edit: Like, seriously, the gall of these people presuming to be the "brains" because they own shit for a living.
Oh, is that how this works? Well, considering the capital gains tax is significantly lower than the income tax, it sounds like wr should stop labouring, based on this logic.
The state doesn't keep you safe from thieves now. The police are a reactionary force that shows up after you've been robbed and then do nothing to help you. The most you get is a police report to refer your insurance company to, if your stolen belongings were insured.
Oh my god, the rich are going to suffer immensely under this tax hike!
Let the free market run its course and let pirate sites compete with streaming services to improve their services.
Hate to break it to you, but regulatory capture is the free market running its course.
No, it's no comfort at all. It also wouldn't be an issue if people didn't so quickly and consistently vote against their interests.
Everyone pointing to Trudeau and blaming him for breaking his promise on voting reform still voted for Trudeau when the NDP has been running on voting reform for decades.
People don't actually want it. They just want someone to blame.
But the increase in the capital gains tax for realized gains above $250k is going to push all of the researchers and engineers out of the country, eh! Big brain drain happening!