@antibearthesis@DrunkDividends You realize that almost all of the ipo proceeds have gone to pay off debt, right? Mainly from the twitter acquisition. None of that money is going to R&D.
@adam_aerosol@GadSaad@megynkelly What would you suggest otherwise? How should Canada handle cap gains when someone leaves? Be like America and just tax worldwide income no matter where you live?
@DarrenAdams1967@GadSaad@TrotKatt Wrong. Canada’s departure tax is a deemed disposition and triggers a capital gain. You’re confusing inclusion rate with the tax rate. Capital gains inclusion rate is 50% which means half of the gain is taxed at your marginal tax rate.
@GadSaad@megynkelly Your accountant clearly didn’t explain the departure tax to you. Or you’re intentionally turning this into some ideological issue What are you going on about man…
@GadSaad I recently went through the same. But suggest an alternative instead of fear monger with “free society” tropes
You know why the USA doesn’t have this? Bc they tax citizens living abroad.
Is that “more free”?
@GadSaad This is a little disingenuous. The departure tax is a factor of capital gains earned while living in Canada. You don’t see how it’s reasonable that those taxes are owed to Canada? If you leave and then sell those assets next year what should happen?
Listen to Sophia Salma Khalifa, a Muslim Arab-Israeli woman, tell the truth about Gaza.
In 2005, Israel completely left Gaza. No Jews alive or dead. They even took the graves. They handed over greenhouses, homes, and infrastructure, hoping Gaza would become the Singapore of the Middle East.
The people of Gaza had a real chance.
Then they elected Hamas.
Hamas burned it all down, murdered everyone who opposed them, stole the opportunity, and turned Gaza into a launchpad for terror instead of a thriving state.
This is what happens when radical Islamists win. They don’t build. They destroy.
Powerful testimony from someone who actually understands the reality on the ground.
Civilizational suicide has consequences.
H/T @prageru
@amboultbee Completely clueless. The double standards and the bargain‑bin history takes are one thing, but you sitting in Penticton acting like some cosmic authority? It’s delusion so loud it should come with a volume warning.