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 On Main Street 285: Breaking Free Financially Through Infinite Banking with Riccardo Manazza Picture having complete control over your money and the freedom...
Wealth On Main Street 270: U.S. Immigration Myth: It Isn’t as Hard as You Think Relocating to the United States might seem like a...
Wealth Without Bay Street 181: Is Your HELOC A Ticking Time Bomb? Is your home equity line of credit (HELOC) potentially a ticking financial...
