Kim 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.
Read MoreKim G C Moody’s Musings – 1-1-1 Newsletter For May 1, 2024
1. Taxation – the defence of the capital gains inclusion rate increase for Canada is akin to a poor “magic show”;
2. Leadership – leaders, are you purposely mentoring youth to accomplish great things?
3. Economics – the CDN PBO report on the 2024 Federal Budget is sobering.
Kim G C Moody is quoted in C2C Journal article “Want to Fix Canada’s Screwed-Up Income Tax System? Start By Taxing Families,” April 8, 2024.
“Tax policy should recognize economic realities, and one of the basic realities is that married couples – whether a husband and wife or same-sex couple – combine their incomes in order to pay their bills and run their household.” Read more of Kim’s thoughts on this common-sense solution to our overly-complex and unfair tax system.…
Read MoreKim G C Moody’s Musings – 1-1-1 Newsletter For April 24, 2024
1. Taxation – the Canadian 2024 Federal Budget – one of the worst in history;
2. Leadership – good leaders make things happen; and
3. Economics – the Canadian budget proposals for employee ownership trusts will have very little uptake.
Kim G C Moody’s Musings – 1-1-1 Newsletter For April 17, 2024
1. Taxation – the Canadian Federal Budget was released on April 16, 2024. Quick taxation summary;
2. Leadership – good leaders express gratitude; and
3. Economics – Canada’s increased and out of control public debt charges are a serious threat to our continued prosperity.