Debating the 34% capital tax hike for entrepreneurs:
Who invests this money better?
1. @tobi, who built @Shopify, created 11,000 jobs & improved millions of lives.
or
2. The ๐จ๐ฆgov, which spent $50M+ on an inconvenient app (Arrive Canada).
Thoughts?๐ค
Oh wait, there is a $1.25M exemption for some entrepreneurs that might be enough to buy a small detached home in ๐จ๐ฆ. Great!
P.S. Raising the inclusion rate from 50% to 67% means a 34% increase in capital gains tax on larger amounts.
This morning I sat in the car & said to myself, โToday I just get to be a hockey mom.โ Maybe it was wishful thinking. Maybe Iโm fooling myself. When youโre a caregiver there are no days off. I walked into the house to find Chris on the couch looking miserable. 1/6
I met a startup founder who is building Uber Pool but the cars only go on a city's most popular routes on a predefined schedule.
My dude you just invested a bus.
SPUR PETROLEUM LTD.
September 30, 2022 Quarterly Report
PRESIDENTโS MESSAGE
We are pleased to present the operating and financial results for the three and nine months ended September 30, 2022.
Highlights for the quarter:
Sam is having money problems. Here's his monthly budget:
Rent: $2,000
Car Payment: $250
Utilities: $150
Vegetables: $350
Hole in his company's balance sheet: $9 billion
Any suggestions for him?