@PardyBruce@chrisbrunet@UBC@brucepardy, I just read your article and it seems worse than I thought. Even the Charter enshrines discrimination in the name of equity. A new government that wanted to stop these practices by other institutions would have to amend the Charter. Isn't there an easier remedy?
@TheChaosWeeber Productivity of public sector employees is only measured by their incomes. All this graph is showing is their real average wages going down
@AnhydrousBob@floydmarinescu Free the market by untaxing people who actually do the work: Labour and capital. Land and natural resources are the best tax base.
@DavisJKyle I don’t agree with it, but I think the justification of the lower inclusion rate was to try to make the decision neutral between selling (realizing the capital gain) and holding the asset. You don’t get penalized with the higher marginal rate.
@DavisJKyle Capital gains is the present value of expected future profits… that’s why the price went up. If you had held, your annual income would have been lower, but spread over time and with a lower marginal tax rate.
@SteveSaretsky@MiKrr116732 I think she's referring to property taxes. Better yet, raise land value tax and lower taxes on building houses. Raise the price of holding land as an asset, lower the price of building things.
@pmcondon2@MarkWSchumann@LCyrocki You mean community ammenity contributions? Those haven't worked out well. Interminable negotiations with city staff that favors insiders. Still, they're better than nothing but less good than a broad land value tax.
https://t.co/tdE2LY3YhX
@pmcondon2@MarkWSchumann@LCyrocki Maybe but that kind of discipline would take time. In the meantime people will continue to speculate and land bank. I just hope you're not suggesting a land value tax should only be triggered by zoning changes.