- cross-posted to:
- worldnews@lemmy.ml
- cross-posted to:
- worldnews@lemmy.ml
The rich have to pay their fair dues!
Then again…
Oh my god, the rich are going to suffer immensely under this tax hike!
In starting to feel like 3/4 would have been better than 2/3.
A four hundred thousand dollar salary and a three-hundred dollar capital gains windfall? So $700k of income in one year, right?
And, if I read this correctly, they’re either paying $9k more, or that $9k that’s being taxed more. Even if it’s the former, that’s 0.02% of their year income…
Oh, woe is me, how will they ever survive!?
I can’t even fathom the problems someone with a $400K salary has to deal with.
Talk about too little too late.
Millennials are already entering their 40’s and still struggle to buy property. Most of them have given up on having kids because of this. Gen Z might still have a chance but by the time the financial aid kicks in, they’ll be reaching their 40’s too.
And that’s if the conservatives don’t get elected. Which is apparently very likely since new survey data shows gen Z and alpha are leaning towards the conservative party.
I wonder how accurate this number will be.
Freeland will hike capital gain taxes paid by the rich and corporations to collect an estimated $19 billion in new revenue.
Lots of good ideas here. Proof will be in the pudding.
Anyone who proclaims that the housing crisis is purely a provincial or municipal matter should read this budget to expand their imagination.