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Forrest Gump
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Re: Politics

Post by Forrest Gump »

Abby_wx wrote: Mon Apr 21, 2025 11:17 am They're being roasted for taking so long. They should have had it ready to go the moment the Liberals posted their platform. The cynic will say they are using the Liberal platform to fine tune their own. Either way, really bad optics.
But the 101 scandals by the liberals is perfectly fine. Like myself and others have stated, it doesn't matter what liberals do or say, they always get the benefit of the doubt, public quick to forgive.
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Re: Politics

Post by Forrest Gump »

Boomers voting liberal beware.

If you own a home, particularly if it’s paid off, congratulations. You’re about to become the government’s next target.

https://winnipegsun.com/opinion/columni ... -your-head
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Re: Politics

Post by Typeing3 »

Flashback: Results of the federal election 100 years ago, in 1925.
Screenshot 2025-04-21 143137.png
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Re: Politics

Post by Abby_wx »

Forrest Gump wrote: Mon Apr 21, 2025 1:49 pm Boomers voting liberal beware.

If you own a home, particularly if it’s paid off, congratulations. You’re about to become the government’s next target.

https://winnipegsun.com/opinion/columni ... -your-head
I could see having some kind of limit to the capital gains exemption on a primary residence. The USA already taxes capital gains on a primary residence over $250,000 ($500,000 for a married couple filing jointly). Other countries are considering similar measures.
Many OECD countries fully exempt capital gains on the main residence. There is some justification for exempting a
portion of the capital gains on sales of main residences, in particular as this may reduce lock-in effects. However, capital
gains tax exemptions for main residences create distortions across savings instruments, raise equity issues, reduce tax
revenues, and may place upward pressure on house prices.
https://www.oecd.org/content/dam/oecd/e ... ntries.pdf

I am a homeowner, so I would be affected, but I don't think the idea of a limit to tax-free capital gains is necessarily a bad idea.
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Re: Politics

Post by AbbyJr »

Abby_wx wrote: Mon Apr 21, 2025 11:17 am They're being roasted for taking so long. They should have had it ready to go the moment the Liberals posted their platform. The cynic will say they are using the Liberal platform to fine tune their own. Either way, really bad optics.
Not a wise move for the Conservatives but to be fair, they have been announcing their policies throughout the election campaign.
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Re: Politics

Post by SouthSardiswx »

Typeing3 wrote: Mon Apr 21, 2025 12:42 pm Great public speaker, but unfortunately turned out to be extremely corrupt, just like his successor, which was the main reason why the BC Liberals ultimately collapsed as a political force in the province.
I thought the Social Credit was the huge party that collapsed in B.C. politics back in the early 90's. :o although their bio said they dissolved in 2023. :lol:
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Re: Politics

Post by AbbyJr »

Forrest Gump wrote: Mon Apr 21, 2025 1:37 pm But the 101 scandals by the liberals is perfectly fine. Like myself and others have stated, it doesn't matter what liberals do or say, they always get the benefit of the doubt, public quick to forgive.
Yup. It’s absolutely ridiculous. :roll: :x
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Re: Politics

Post by stuffradio »

It's getting very close on the latest EKOS poll. Conservatives nearly tied with Liberals.
ekos-poll.PNG
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Re: Politics

Post by AbbyJr »

I voted today. :thumbup: :wave:
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Re: Politics

Post by Forrest Gump »

stuffradio wrote: Mon Apr 21, 2025 8:20 pm It's getting very close on the latest EKOS poll. Conservatives nearly tied with Liberals.

ekos-poll.PNG
I heard there's a blue tsunami about to hit Vancouver Island , with enough power to possibly engulf most of the lower mainland.
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Re: Politics

Post by stuffradio »

AbbyJr wrote: Mon Apr 21, 2025 9:16 pm I voted today. :thumbup: :wave:
Congrats!
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Re: Politics

Post by Forrest Gump »

AbbyJr wrote: Mon Apr 21, 2025 9:16 pm I voted today. :thumbup: :wave:
Did you use pen or pencil ? My son-in-law brought his own pen , using pencil opens the door to possible shenanigans, which didn't occur to me until he mentioned it. I used pencil :|
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Re: Politics

Post by stuffradio »

Conservatives have released the platform now. I might have seen someone post the report here already, but the government has released a bleak looking report for Canada by 2040. I think this is a report by the Liberal government.
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Re: Politics

Post by Abby_wx »

I think the election will be closer than the polls suggest. People under boomer age seem to leaning Conservative. I'm not sure how much of this is captured by polling, since younger people don't typically respond to polls which are conducted by telephone (most younger people screen their calls).

That said, I still expect the Liberals to come out with a minority. The Conservatives have been gaining some momentum, but I think it's too little too late.
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Re: Politics

Post by Glacier »

Abby_wx wrote: Mon Apr 21, 2025 2:55 pm I could see having some kind of limit to the capital gains exemption on a primary residence. The USA already taxes capital gains on a primary residence over $250,000 ($500,000 for a married couple filing jointly). Other countries are considering similar measures.

The USA has absolutely crazy tax laws. My wife's grandma is 93 and a US citizen who has lived in Canada since the early 1980s. All of her wealth is in her ranch in BC. When it sells upon her death or earlier, she will owe the US government capital gains tax.

Also, you must file your taxes in the US even if you haven't lived there for 50 years (my mom for example). The other countries who have this rule for ex-pats are dictatorships like Saudi Arabia, Venezuela and North Korea.
Abby_wx wrote: Tue Apr 22, 2025 9:45 am I think the election will be closer than the polls suggest. People under boomer age seem to leaning Conservative. I'm not sure how much of this is captured by polling, since younger people don't typically respond to polls which are conducted by telephone (most younger people screen their calls).

That said, I still expect the Liberals to come out with a minority. The Conservatives have been gaining some momentum, but I think it's too little too late.
Agreed. Also old people vote more often so a lot of the young people saying they're voting conservative will simply not show up. The Liberal lead is slipping away, but by next money it will probably still be enough for a minority.
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