Yikes!! If you still think Trudeau is OK read this article
- Thread starter The Old Guy
- Start date
Are children’s children we be paying
I was bitching to my buddy about the guaranteed income.
He asked my if I had any debt, he said he didn’t, owned his home, new vehicles, and that now he really doesn’t need a lot, so he will sell his business and retire off the guaranteed income, which will be decent, and he won’t have to bust his ass to save for retirement.
I like his plan. I think I’ll do it also,
He asked my if I had any debt, he said he didn’t, owned his home, new vehicles, and that now he really doesn’t need a lot, so he will sell his business and retire off the guaranteed income, which will be decent, and he won’t have to bust his ass to save for retirement.
I like his plan. I think I’ll do it also,
The Old Guy
Village idiot
Socialism works. Just ask the people of Venezuela.
The Old Guy
Village idiot
If this guy gets re-elected I’m closing the doors on my business and collecting the guaranteed income.
Right now it has become impossible to find entry level people since the Feds are handing out free money.
Right now it has become impossible to find entry level people since the Feds are handing out free money.
I loath that Turd and his consortium. We need them out of office immediately. They are destroying our country right in front of our eyes
Do you think it's going to be that easy? They will tax him to death and remove his assets one by one. How do you think they plan on granting everyone this 24k/yr pittance. Someone has to pay for it... and that's us.
Do you think it's going to be that easy? They will tax him to death and remove his assets one by one. How do you think they plan on granting everyone this 24k/yr pittance. Someone has to pay for it... and that's us.
The Old Guy
Village idiot
Hearding cattle
Yes, but if you already own you assets, and could live off the benefit, well there is nothing to tax.
I guess they could tax the sake of his business, but if he could still live without the business sale it wouldn’t matter.
I could live off of 5000 a month household income easily. Everything I own is paid for.
Oh and I think the whole thing is bullshit as well. I didn’t kill myself at work sacrificing for a couple of decades just to give it all up in tax.
The Old Guy
Village idiot
They are talking about an equity tax.
I’ve had 3 people fake having covid once their check came in. They would tell me they were negative, I’d ask for the test results and never saw them again.
I’d bet 70% would quit working. No way it would work.
Yes but if you don’t sell your home or vehicles or anything what can they tax?
I guess they could say you own this, may gave already paid tax, but we will tax you again.
Not sure how they would get away with that though?
The Old Guy
Village idiot
The value of the equity in your home. So basically tax the increase in value in your home each year.
Well I’m not too sure how many would go for that either.
Plus there would be no place to rent, or afordibly rent if that was added on each year.
Mind you they do charge us interest in tax money owed with the business if you don’t pay thru the year on money you haven’t made yet, but they figure you have.
It's been in the Liberal playbook to get rid of the principle residence exemption for a few years.
When you do your taxes they have asked "Did you sell a home in 20xx? Yes. No " for the past several years.
If they do this and make your principle residence capital gains taxable, then they would have to allow expenses to be written off.
Otherwise, who would own a home?
Person A could just rent from Person B and person B rent from A.
When you do your taxes they have asked "Did you sell a home in 20xx? Yes. No " for the past several years.
If they do this and make your principle residence capital gains taxable, then they would have to allow expenses to be written off.
Otherwise, who would own a home?
Person A could just rent from Person B and person B rent from A.
Property tax, even if you own your home outright you still need to pay that. If they jack it way up kiss it all goodbye. On a 24k a year bag of peanuts with a 10k+ property tax good luck.