The Lions
A group of friends with mostly centrist or conservative viewpoints who share resources and ideas about the governance of Alberta and Canada and about world events and trends.
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Allen_D@Allen_D
June 14, 2024
The capital gains tax is a tax on the very inflation that governments cause
$100 invested in 1984 without any increase in actual value would be worth $266 today, so sold at break+-even, the imaginary but taxable capital gain would be 2/3 x 166, or $111.
Therefore, even if you broke even -- the investment made zero -- you are being taxed on recovering $111 of your own pre-tax invested money.
https://www.inflationtool.com/canadian-dollar/1984-to-present-value?year2=2024&frequency=yearly
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Dear Liberals, fire the bureaucrats
The Liberals must stop growing the public service and instead find ways to boost the economy
(Really, get off our backs and get out of the way. That's all it would take)
https://nationalpost.com/opinion/fire-the-bureaucrats
