Highway to Tax Hell: AC/DC, Tax, Canada, and the 2025 Election Encore

Well, what a hell of a night it was on April 22, 2025 in Vancouver, BC. Perhaps some think that I should have been home in Calgary, AB helping out my colleagues finish up tax season with April 30 looming and no extensions in sight but, nope, I instead was at BC Place, watching one of the greatest rock bands of all time tear it up on stage with two of…

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Kim G C Moody’s Musings – 1-1-1 Newsletter For April 23, 2025

  One Comment About Taxation – Does the Carney Phrase of “Spend Less, Invest More” Make Any Sense?  What Are the Tax Consequences?   Let’s pretend that you want to buy a car for $50,000.  You have some savings of $20,000 and thus you will need to finance the other $30,000.  The savings was accumulated from…

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Kim G C Moody’s Musings – 1-1-1 Newsletter For April 16, 2025

  One Comment About Taxation – Will a Carney-Led Liberal Government Introduce a Home Equity Tax, Re-Introduce the Carbon Tax and Introduce a Wealth Tax?   Well, there’s less than two weeks to go before Canadians go to the polls.  At this point, the Conservative strategy appears solid:  release sensible policies that call for change including…

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Kim G C Moody’s Musings – 1-1-1 Newsletter For April 9, 2025

  One Comment About Taxation – So the Liberals Think That Recycling the 1970s MURB Tax Shelter Idea is a Good One, Eh?   I love studying history.  There’s so much to learn!  In my undergraduate studies, I made sure to load up on post-Confederation Canadian history courses.  It’s truly fascinating to learn how this country…

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Kim G C Moody’s Musings – 1-1-1 Newsletter For April 2, 2025

  One Comment About Taxation – Pierre Poilievre’s “Big Idea” on Capital Gains Is Welcome!   It’s been fascinating to watch the fawning over Mr. Carney by much of Canadian legacy media (PostMedia being an obvious exception) and a large group of Canadians.  It should not be surprising to me, but it is. It’s amazing to me how many people appear…

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Kim G C Moody’s Musings – 1-1-1 Newsletter For March 26, 2025

  One Comment About Taxation – Who is Mark Carney?  And What Does Canada Need From a Tax Policy Perspective?   Well, Canadians are finally headed to the polls after enduring a lame duck government, capped by a newly anointed Prime Minister whose recent policy reversals reek more of opportunism than leadership.   At the…

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Kim G C Moody’s Musings – 1-1-1 Newsletter For March 19, 2025

  One Comment About Taxation – Canada Needs Tax Reform; Not to Get “Fooled Again”   Another tax season, another tax filing debacle.   On March 11, 2025, the Canada Revenue Agency announced that its systems were not yet ready for personal tax filings that include capital gains with the following statement:   “The CRA recommends that…

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Kim G C Moody’s Musings – 1-1-1 Newsletter For March 12, 2025

  One Comment About Taxation – Tariffs Are a Tax and Will Be Felt Broadly   U.S. President Donald Trump’s leadership style is hard to pin down precisely.  However, there is no doubt he embraces elements of the chaos theory of leadership.  Such a leadership style disrupts norms, often creating instability that forces others to react.…

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