Hosted By
Wealth Without Bay Street EPISODE #106: On today’s episode of Wealth Without Baystreet, Jayson and Richard challenge an article’s view about taxing homeowners in Canada. The Canada Mortgage and Housing Corporation supports the proposal of a surtax on homes valued at $1 million or more. Jayson and Richard talk about how this would hurt the middle class, hard working citizens of the country.
IN THIS EPISODE, YOU WILL LEARN:
0:00 Introduction
2:48 Looking Into The Article
5:20 Digging Deeper Into The Problem
10:02 The Government’s Spending Problem
14:59 Origin of Income Tax in Canada
16:37 Real Estate Values
24:10 Why This Article Should Bother You
BNN Bloomberg Article: https://www.bnnbloomberg.ca/cmhc-backed-report-calls-for-surtax-on-1m-homes-1.1703518?fbclid=IwAR2T9R14BWOfNlHLGCYaUg6tBddcSTfjZLgY678wLsnCKIWSRC8rxGNTa8o
Federal Reserve Money Supply Graph: https://fred.stlouisfed.org/series/M1SL
Wealth Without Bay Street 223: Thinking Big To Foster Global Change with Sir Darren Jacklin In this episode, we sit down with Sir Darren...
Wealth On Main Street 279: Break the Cycle: Build Wealth on Your Own Terms with Joseph Romualdi What happens when your lifelong career ends,...
Wealth On Main Street 266: Farmer Uses Infinite Banking to Control The Farm Operation What if you could turn your farm, your business, or...
