Kim G C Moody’s Musings – 1-1-1 Newsletter For June 12, 2024
1. Taxation – the capital gains inclusion rate increase legislative proposals are released along with a not-so-healthy dose of vile politics
2. Leadership – leaders choose community rather than division; and
3. Economics – continuing high prices are causing consumers angst
Kim G C Moody’s Musings – 1-1-1 Newsletter For June 5, 2024
1. Taxation – you don’t need to be all that “rich” to be affected by bad taxation policies like the capital gains inclusion rate increase;
2. Leadership – criticism is inevitable…how do you deal with it?; and
3. Economics – June 6, 2024 is the 80th anniversary of D-Day, an important day in history to secure our freedoms.
More and more people are discovering they are ‘rich’ in the eyes of Liberals
The capital gains inclusion rate increase impacts much more than the rich. I recently had a quick chat with a young friend of mine who works in the public sector and leans heavily left, so we often get into friendly but lively debates about tax and economic policy. The topic d’jour, of course, was the…
Read MoreKim G C Moody is quoted in the National Post article, “Why Freeland’s delay in tabling capital gains tax has Canadians facing costly conundrums,” on May 27, 2024.
See my thoughts on the federal government’s silence on the capital gains tax changes and how it could be disastrous for Canadians. Read the article HERE.
Read MoreKim G C Moody’s Musings – 1-1-1 Newsletter For May 29, 2024
1. Taxation – the draft legislation for the capital gains inclusion rate increase is not released…CDNs are “planning in the dark”;
2. Leadership – good leaders tell stories; and
3. Economics – the enhanced Canadian journalism tax credits will cost CDNs another $100M+.
Kim G C Moody’s Musings – 1-1-1 Newsletter For May 22, 2024
1. Taxation – slick videos put out by the PM does not make good taxation policy;
2. Leadership – leaders, are you sticking by your friends?
3. Economics – is the Bank of Canada getting ready to cut interest rates?
Kim G C Moody’s Musings – 1-1-1 Newsletter For May 15, 2024
1. Taxation – the capital gains inclusion rate increase needs to be scrapped. Justin Trudeau’s cutesy video about this topic is cringeworthy;
2. Leadership – leaders need to take a genuine interest in the people they serve; and
3. Economics / Politics – the CDN government is scrapping any proposed changes to the taxation of REITs.
Kim G C Moody’s Musings – 1-1-1 Newsletter For May 8, 2024
1. Taxation – Bad policy causes significant behavioral responses;
2. Leadership – Leaders make mistakes; and
3. Economics – Governments need to get their spending under control.
Kim G C Moody quoted in Investment Executive article, “Start early on Canadian departure tax planning,” on April 9, 2024.
“Kim G C Moody has noticed a spike in interest in departure tax matters in recent years, which he traces back to the feds enacting a new top personal income tax rate of 33% in 2016.” Read more of my observations and comments in the recent Investment Executive article titled “Start early on Canadian departure…
Read MoreKim G C Moody appears on the Canadian Tax Matters podcast “Budget 2024 – Capital Gains Decisions” on May 2, 2024.
Kim G C Moody recently appeared on Jay Goodis‘ Canadian Tax Matters podcast, “Budget 2024—Capital Gains Decisions,” where we discussed changes to capital gains taxation in this year’s Federal Budget. Should taxpayers recognize capital gains before June 25, 2024? To order the 90-minute replay, visit the Canadian Tax Matters website HERE.
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