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We could, you know, use some of this tax revenue to pay doctors (and nurses and others) better.
Hell, the 1% could just invest this money back into their businesses, even, if they're so worried about it. It's an expense, then.
We're in the middle of the worst wealth disparity since the 1920s and it's accelerating. Anyone who says we should just let the rich get even richer is either stupid or disingenuous.
Or one of those rich that stand to profit less.
If you have so much money that this makes a substantial difference in your lifestyle, then you are the person this was meant to target.
At 4:40 in the video where Canadian Medical Association president struggle to provide a answer as to what doctors who are threatening to retire early over this would do then comes up with a anecdotal example of a doctor selling stuff online was rather bizzare answer.
I don't think they should change the proposed capital gains. They should make the doctors some what whole through other means. If they need more money they can start switching over people churning properties to income tax instead of capital gains.
If they need more money they can start switching over people churning properties to income tax instead of capital gains
Oh, that would be amazing. I would fucking pop a bottle of champagne the day that happens.
Do stock sales next.
In arguing that doctors shouldn't pay tax on more of their capital gains when they retire because they often have no access to a pension, they're ignoring that pension income is fucking taxed.
What a load of bullshit.
Damn you know who else doesn't have access to a pension? Almost everyone!