The amazing part is that this conservatives always refer to the times when those tax rates were that hight as 'the good old days' that they want to replicate now.
Only somehow they think more tax cuts for the rich and trickle will do it. This time.
Home equity tax
- Thread starter Jubee
- Start date
Only somehow they think more tax cuts for the rich and trickle will do it. This time.
Let`s see. I`m 68 years old, worked 45 years straight, sometimes worked 2 or 3 jobs same time for a few years when needed, and never took a dime from the government, ever. I now own my 4th house and yes I get all the government cheese, CPP, OAS, GST credits, Trillium, OSHPTG. On top of two company pensions. More work and less pissing and moaning pays well. There`s likely a bunch of guys just like me on TERB too.
You are 68? Then you bear some responsibility for the current state of this country. But, it was amusing to see you list all the government “cheese” you are receiving while claiming you have never taken a dime from the government.
It would be nice to hear less mindless pissing and moaning from you.
Took nothing while working. Now I receive everything Canada says I can, same as you and everyone else. I paid my way, how about you?
Guys, read the writing on the wall. It's over.
We are now at the point of: do we want to salvage what we can or just completely go down in the fire.
We are now at the point of: do we want to salvage what we can or just completely go down in the fire.
RZG has paid into and earned everything he is receiving from the government.
New immigrants and asylum claimants haven't paid 1 cent into any government program, but get more government benefits than Canadian born citizens.
The current state of this country falls directly on the liberal government of the the last 10 years. This is undisputable.
Oh ya, no doubt there is a bunch of old Boomers on TERB who celebrate growing up with low taxes, low traffic, subsidized housing, cheap tuition, great healthcare (yet somehow "never took a dime from the government
") and are celebrating grinding GenZ & Millennials into the dirt.
This is the rare inter-section of Frankie with Common Sense.This might be one of the most boneheaded comments I've ever seen on this forum. And it didn't come from Frankie either
Start taxing residential sales, it's only Generational Fairness.
No, he paid into low taxes, low traffic, subsidized housing, cheap tuition, great healthcare. What he did in the past does NOT entitle him - and all Boomers - to create conditions where the younger generations are fucked over because old because don't have the decency to die already.
Oh yes it does since OAS is funding out of current spending. We're in the hold with deficit spending and need more taxes. Taxing Residential sales is the way to do this.
OAS claw back needs to be lower from $150K (are you fucking kidding me?????) to more like $75K which is already rich by average Canadian standards.
Time to start addressing the old, wrinkled, grey elephant in the room.
Inheritance is the primary factor for the Rich getting Richer and Social Inequality so YES, time to kiss inheritance good bye.
OAS is 100% Canadian govt cheddar lol. I pay taxes and take from the govt whenever I can. Its part of the deal EH!!!
Personally it comes at a massive political cost so I don't think they will do it. Much easier to tax large estates.
ok then
Canada ranked 4th best country in the world in 2024
Canada has ranked 4th in the updated U.S. News country rankings for 2024—achieving an overall indexed score of 94.1. Notable performances around scoring factors for quality of life, entrepreneurship, social purpose, and agility helped contribute to the country’s strong ranking. This year...
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low wages= low taxes
lower taxes was also due to less government programs like daycare, dental care and pharma care.
smaller population = less traffic
subsidized housing? Where did you get from?
40-50 years ago every thing was cheaper including tuition.
better health care was do to better patient to doctor ratio from lower population
He paid into all of his government benefits so YES he is entitled to ALL of them.
Really, you want old people to die already?
You are a real POS.
Do some research.
OAS clawback starts at $90,997.
How much can you make before OAS is clawed back?
What is OAS clawback? The government starts reducing your OAS amount once you make over $90,997 in 2024 taxable income — note that this figure changes annually according to inflation. This reduction is commonly referred to as a “clawback,” but is formally known as a “recovery tax.”
I wish. Nope, just the progression over the years, motorcycles or cars maybe, houses, no way
