Kim G C Moody is quoted in the Investment Executive article “We know we need tax reform, but can’t agree how to do it,” on March 22, 2024.
“Many vulnerable Canadians miss out on benefits because they are either too intimidated to file taxes or can’t afford to pay for professional tax preparation.” I provide my thoughts to author Jonathan Got on how tax reform could mean easier access to benefits and provide a boost to productivity. Read the article HERE.
Read MoreKim G C Moody’s Musings – 1-1-1 Newsletter For March 20, 2024
1. Taxation – the need for automatic tax filing – Part Deux;
2. Leadership – good leaders don’t need to throw stones at every barking dog; and
3. Economics – Canada’s Parliamentary Budget Officer released its March 2024 Fiscal Outlook…it’s not good.
Kim G C Moody’s Musings – 1-1-1 Newsletter For March 13, 2024
1. Taxation – the new trust reporting rules are daunting and need amendments;
2. Leadership – good leaders learn to say “no”; and
3. Economics – the Canadian federal 2024 federal budget will be released on 4/16/24 and will be devoid of policy but lots of spending.
Kim G C Moody’s Musings – 1-1-1 Newsletter For March 6, 2024
1. Taxation – the 2024 Report on Federal Tax Expenditures released!
2. Leadership – words of wisdom from the Right Honorable Brian Mulroney; and
3. Economics – the CMHC first time home buyer incentive program is scrapped….shocker.
Kim G C Moody is quoted in The National Post article “FIRST READING: Canadian taxes aren’t just high, they’re needlessly complicated to file,” on February 21, 2024.
“Today’s Income Tax Act is incomprehensible, even to tax professionals.” Read more of my comments in this Tristin Hopper article that sheds light on our overly complex Canadian tax system. Read the National Post article HERE.
Read MoreKim G C Moody’s Musings – 1-1-1 Newsletter For February 28, 2024
1. Taxation – using the tax system to try to solve Canada’s housing challenges is great politics but not great policy;
2. Leadership – Morgan Housel’s new book – Same as Always – is a great read about focusing on things that don’t change; and
3. Economics – how much in tax revenues will the CDN government collect from its crazy short-term rental proposal?
Kim G C Moody’s Musings – 1-1-1 Newsletter For February 21, 2024
1. Taxation – the massive subsidies handed out the Canadian government to VW and Stellantis are tax-free?
2. Leadership – leaders, do you have a succession plan? Are you growing new leaders?
3. Economics – financial literacy education should be mandatory for Canadian grade school children throughout their education.
Kim G C Moody guested on the BNN Bloomberg podcast “SmartWealth” with Thane Stenner.
I recently guested on BNN Bloomberg’s “SmartWealth” podcasts where host Thane Stenner and I discussed several topics, including why Canada’s high tax rates are forcing many people to leave for sunnier climes. To watch, click HERE.
Read MoreKim G C Moody recently guested on the Beyond MD podcast discussing changes to the Alternative Minimum Tax (AMT).
How will changes to the Alternative Minimum Tax (AMT) affect high-income Canadians in 2024? That’s the question I recently delved into with Dr. Yatin Chadha on his ‘Beyond MD’ podcast. To listen, click HERE.
Read MoreKim G C Moody is quoted in the National Post article “John Tavares the latest victim of Canada’s self-defeating tax regime” published on February 13, 2024.
Will Canada’s oppressive income tax regime ultimately ruin the competitive balance within the NHL? I provide my thoughts to the National Post on the outrageous CRA tax grab that Toronto Maple Leafs captain John Tavares is currently fighting. To read the article, click the link HERE.
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