Tax the rich? It would be far better to improve the whole taxation system
“Tax the rich” has been a popular rallying cry for many people who feel victimized, entitled or have a weak understanding of how Canada and other countries tax their residents and redistribute income.The phrase has for decades been good politics for many left-leaning politicians and political parties who use it, or something similar, to capitalize…
Read MoreKim G C Moody’s Musings – 1-1-1 Newsletter For October 18, 2023
1. Taxation – Tax The Rich!
2. Leadership – Top Five Leadership Lessons I’ve Learned
3. Economics & Politics – A PBO Economic Outlook
My Presentation to McKay CEO Forums Group
I thought it would be fun and enlightening to share a recent one-hour presentation that I did on “The Top Five Leadership Lessons Learned” to a MacKay CEO Forums: CEO & Executive Peer Support group led by Noelle Leemburg. You can view my presentation slides HERE.
Read MoreKim G C Moody on QR77 (Corus) Radio with Rob Breakenridge on October 12, 2023.
Kim was interviewed by Rob Breakenridge on QR77 AM radio in Calgary, Alberta, about his article in the National Post on why the family unit should be the basic taxing unit instead of the individual. Listen to the conversation HERE.
Read MoreKim G C Moody’s Musings – 1-1-1 Newsletter For October 11, 2023
1. Taxation – Canada Needs to Take a Serious Look at Family Taxation Policies
2. Leadership – Transparent Leadership
3. Economics & Politics – Government Funding of Stadiums and “Event Centres”
Why Canada should adopt the family as the basic taxing unit instead of the individual
Canada’s top-end personal income tax rates are too high and they must come down, but there are many other tools that governments have to tax you in ways that chip away at your ability to minimize taxation. For example, eliminating indexation on personal credits and/or tax rate brackets — as some provinces have historically done…
Read MoreCanada’s top-end personal tax rates need to come down
Canada needs to take a hard look at lowering personal tax rates and ensure people keep at least half of all gains. Before 2015, Alberta had, by far, the lowest federal-provincial combined top marginal tax rate in Canada at 39 per cent. This comparative advantage contributed greatly to large amounts of investment and people going…
Read MoreKim G C Moody’s Musings – 1-1-1 Newsletter For October 4, 2023
1. Taxation – Tax on Split Income (TOSI) Policy
2. Leadership – Leaders Practice Your Self-Awareness Skills
3. Economics & Politics – Government Cuts to Expenditures
Kim G C Moody’s Musings – 1-1-1 Newsletter For September 27, 2023
1. Taxation – High Personal Tax Rates
2. Leadership – Treat Others Like How You Would Like to Be Treated
3. Economics & Politics – Government Waste
Kim G C Moody’s Musings – 1-1-1 Newsletter For September 20, 2023
1. Taxation – Canadian Windfall Taxes on Grocery Companies
2. Leadership – Being Resilient
3. Economics & Politics – Payback Period for Stellantis and Volkswagen Subsidies