Canadians want a wealth tax and are willing to vote for it

danmand

Well-known member
Nov 28, 2003
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Two lifetimes ago, I was a young professional working for a consulting firm and we were tasked with doing a survey on "wealth in Canada". We were surprised that so many farmers were considered among the very wealthy. This was primarily due to the value of their land. So, they were land rich but cash poor. Maybe these "wealthy" farmers can pay their "fair share" of the wealth tax by deeding an acre of their land to Ottawa.
The high value of family owned farms are indeed creating problems for a wealth tax as well as for inheritence taxes, making generational takeovers difficult.
 

Darts

Well-known member
Jan 15, 2017
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The high value of family owned farms are indeed creating problems for a wealth tax as well as for inheritence taxes, making generational takeovers difficult.
Canada abolished the estate tax as a prid pro quo for implementing a capital gains tax.
 

Darts

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Jan 15, 2017
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There is currently a poll on TERB and ZERO people voted for a wealth tax. See, there are intelligent people on TERB.
 

Darts

Well-known member
Jan 15, 2017
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About as much as you (Frankfooter) bragging that you wouldn't be affected by a wealth tax :)
LOL! To paraphrase the late great Jack Layton.

"A wealth tax doesn't affect people who don't have wealth."
 
Ashley Madison
Toronto Escorts