Author: Andris Pone

  • The Liberals are not just incompetent

    If you think the Liberals are simply incompetent, you are mistaken. There is a good degree of that, but this country is in a pronounced decline because of policies taken by this government – in an intentional fashion.

    It is all about taking property (in the form of #taxes) from the entrepreneurial, private and professional sectors, and to spend it on Liberal pet projects.

    More in this #video #short.

    *Subscribe to my rants on YouTube: https://www.youtube.com/@trevorparry

    #taxlawyer

    #video

    #shorts

    #paylesstax

    #capitalgains

    #LeviathanMustBeStopped

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    Andris Pone

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  • Will you lose your small business deduction? 

    The new, higher capital gains inclusion rate is a gut punch to professionals:  doctors, dentists, lawyers, vets, accountants, and countless others – who were using their professional corp to save.

    If you are triggering capital gains inside your corporation, and the new capital gains inclusion rate is 2/3rds and not ½, you have reduced the gross capital gain from $300K to $220K, at which you lose your small business deduction.

    Let’s face it:  most of these folks don’t have pension plans.  They were relying on an implicit promise from provincial governments to be allowed to save inside their corporation.

    Mr. Trudeau and his ilk have decided that they don’t want that to happen.

    More in this #video #short.  Subscribe to my rants on YouTube: https://www.youtube.com/@trevorparry

    #taxlawyer

    #video

    #shorts

    #paylesstax

    #capitalgains

    #LeviathanMustBeStopped

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    Andris Pone

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  • The Liberals are trying to create a panic

    Traditionally, when a budget document is introduced, the effective date is before the budget, so people can’t do planning in advance of the budget.

    Not so with the increase to the capital gains inclusion rate.  The effective date is after the budget. June 25, specifically.  The Liberals are doing this to generate a panic of selling, to generate extra revenue – by some estimates $6.5 to $7-billion.


    More in this #video #short.

    *Subscribe to my rants on YouTube: https://www.youtube.com/@trevorparry

    #video

    #shorts

    #paylesstax

    #capitalgains

    #LeviathanMustBeStopped

    •

    Andris Pone

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  • Want to be a good Canadian?

    🇨🇦🇨🇦 Happy Canada Day! 🇨🇦🇨🇦

    Want to be a good Canadian citizen? Take it upon yourself to understand how taxation works in this country.  Understand also what they are doing with your money.  I mean, are you getting anything for the multi-billion-dollar – or actually now, multi-trillion-dollar – debt that this government has run up in eight years?

    More in this #video #short.  Subscribe to my rants on YouTube: https://www.youtube.com/@trevorparry

    #taxlawyer

    #video

    #shorts

    #paylesstax

    #capitalgains

    #LeviathanMustBeStopped

    •

    Andris Pone

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  • A bust right in the chops

    The increase to the capital gains inclusion rate is more than a slap in the face to entrepreneurs. It is a bust right in the chops.

    Luckily, we have seen a great mobilization against it. But I assume it will still pass, given that the NDP will prop it up.

    More in this video short.

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    Subscribe to my rants on YouTube

    Connect with me on LinkedIn

    #video
    #shorts
    #paylesstax
    #capitalgains
    #LeviathanMustBeStopped

    •

    Andris Pone

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