Come get your “Canadian Wealth Tax” education from my man, @TheFrankDomenic
Come get your “Canadian Wealth Tax” education from my man, @TheFrankDomenic
@ItsDeanBlundell @TheFrankDomenic Peepee isn't going to like that because each of his rental properties have probably gone up in value more then $250K
@ItsDeanBlundell @TheFrankDomenic So inheritance and working hard to own more than one property is deemed “RICH”
@ItsDeanBlundell @TheFrankDomenic Keep the poor poorer baby!!
@ItsDeanBlundell @TheFrankDomenic People are still mixing up inclusion rate vs tax rate, your capital gains above 250K is not taxed at 66%. The inclusion rate means that 66% of the gains are taxable at your effective tax rate vs 50% of the gains.
@ItsDeanBlundell @TheFrankDomenic Ya but he makes sense. Ya know math etc
@ItsDeanBlundell @TheFrankDomenic Frank is the man. I love how he breaks it all down into understandable pieces.
@ItsDeanBlundell @TheFrankDomenic Stop fighting for rich ppl. Regular ppl don’t realize 250k of cap gains in a year. This is a rich person problem and I’ll play smallest violin for them
@ItsDeanBlundell @TheFrankDomenic The rich already pay WAY more than their “fair” share. Since the rich are crafty (that’s why they are rich), they will find ways to not pay, as they should.
@ItsDeanBlundell @TheFrankDomenic kind of embarrassing that a runny nose kid is your Man !
@ItsDeanBlundell @TheFrankDomenic The man just has a amazing way to break things down so we get all the critical information but in a compact way. I appreciate you Frank .