Why Pierre Poilievre lost his seat and Mark Carney couldn’t land a majority in Canada’s surprising election
Why Pierre Poilievre lost his seat and Mark Carney couldn’t land a majority in Canada’s surprising election
You're viewing a single thread.
The next day, after his final news conference of the campaign, Carney stopped by a cafe in Newmarket. There, he was approached by a woman who said she was a realtor, and who urged him to get rid of the Liberals’ increase to the capital gains tax. It was causing investors a lot of problems, she told him.
“I got rid of it. I know it was a dumb idea. As soon as they did, I was like, ‘This is a stupid idea,’” Carney told her. “And I’m sorry about that, but I wasn’t there so I couldn’t prevent it. But now I can.”
le sigh
If I was elected Prime Minister, I'd just make real estate agents illegal purely out of spite.
Fucking parasites, all of them. They add no real value to the economy whatsoever.
Minimally, requiring bids to be in the open would go a long way. And price history to be included in listings. And taxing sale profit as income.
There are so many little things that could lower prices.
Flat fee for realtors instead of a percentage also wouldn't hurt.
Taxing sale profit would make things incredibly complicated. Actually determining profit would require tracking any and every expense paid as part of owning and maintaining the property, calculating depreciation of various components, etc, etc.
Aren't non-primary residences already taxed in that way?
Right, they don't consider expenses and upkeep there, but it would be quite detrimental to most people if the same would apply to principle residences.
There was so much fear mongering about that tax.
For a tax that barely affected the income of people who were already very, very rich, they sure did bitch about about it.