Peter Hickey on LinkedIn: Trudeau’s net worth is estimated at approximately $10M. Most of this… | 11 comments (2024)

https://lnkd.in/dzPKpj9Y"Drawing from lived experiences in the workplace, past experiences can offer valuable insights and lessons. These experiences shape our understanding, enhance our skills, and help us navigate future challenges more effectively. Reflecting on what we've learned can guide us in making better decisions and improving our professional growth."#realife 😲

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You do not need to be a #financial #expert to know that this #change is about time…in fact, this is something that should have been done years ago. So: thank you, Justin, for making the time to explain this as clearly as you have. Sadly, though, that 0.13 percent you speak of have so much of a chokehold on the #realpolitik today that the #disinformation and #misinformation isn’t going to stop. Your own party has to bear the burden of the role it plays in enabling such #disparity in the first place - because, while, on paper, the charter you lead represents a more #nuanced and #balanced option for most #Canadians; voters are easily swayed by the other, more sinister, narrative bankrolled by the ‘ultra-rich’ and continue to vote against their own best interests because, in practice, it appears that both sides of our political #dogma seem to be bending over to appease the same group of overlords.The legalised #bribery system we have become numb to as a society - #lobbying - doesn’t help.Because those with the means…the very same ultra-rich who are pushing back against having to pay their fair share back to #society…are the only ones who can afford to #lobby in the first place. And, boy, do our politicians love their lobbyist-ATMs more than they care about the wellbeing of the #constituents they pretend to serve…Add to it the nonstop dog-whistling by folks like Pierre (https://lnkd.in/gE6TWgBt) - who leave no stone unturned in their quest for a chance at political #power - that they will stoop to any lows required to rile the most #obscene, #dangerous, and #extremist dispositions in our country only so that they may have a chance at being #elected to the highest office…Folks like him definitely don’t help battle all this misinformation and disinformation plaguing us - because they are the loudest voices enabling such pathetic #rhetoric in the first place for their own #selfish interests. And let’s stop pretending that we are simply catering to the ‘made-up’ laws of trickle-down-economics when we allow the ultra-rich to take maximum advantage of #socialism when it benefits them and their pursuit of bottomless #wealth but for everyone else, we snatch their hard-earned living at source to make sure they never ‘cheat’ on their #taxes - because the evidence is clear that the only thing that actually trickles-down in the real world is misery and suffering. Not the bottomless profits raked in by the ‘less-than-one-percent’. So: thank you, again, Justin, for this simple explanation - and our gratitude to your team for finally gathering the courage to challenge all your puppet-masters at the top…but I’m not holding my breath yet for any of this to actually stick. People would much rather listen to the idiots pandering to #anger and #resentment on social media and continue to vote against their own best interests. Such be the reality of our world today… :)

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it is not dis-incentivising to require taxes be paid by corporations/employers. there used to be more benefits provided to employees for health, regular raises, pensions and other perks. Now wages are so low that some workers need to get government benefits to keep their heads above water. We cannot afford to continue as if employers were going to provide.

NO pal... it's time to change government. When your Minister of Revenue tells a room full of people who understand tax planning that she doesn't quite understand capital gains AND then you open LinkedIn on a Monday morning to an outright stupid video with this joke of a Prime Minister spewing nonsense, the hope for a better Canada fades pretty quickly.Every accountant in Canada is rightfully offended. He attacked them last week. This pandering to divide Canada even further is pathetic and actually, pathological. This guy has not been in business for ONE minute of his life, he has not personally hired one employee, he has not put one dollar at risk to see his ventures grow. He did not go into debt during Covid to keep people employed. What kind of fairness is he talking about? And does he even understand the concept of integration? Oh... clearly not because that was chapter 3 of classes he never attended. This guy is an utter embarrassment and just making it worse for everyone. It's not just the investment banker. The average regular Canadian who may have to figure out how to keep the family's cottage. It's the regular small business owner who's put hours of sweat and tears into the business. Yes, it affects a small percentage but it's mostly the middle class. The job generating middle class. Let's not even go to what happens to Physicians... Trudeau talks about them as if they were the evil richest... they work in already stressed/broken systems and spent decades learning and many/most working around the clock. No level of taxation will ever be enough if he keeps spending it non stop. If only he spent Canada's money as if it were his, it would be a different story. But he's clearly too thick to understand any of this. The problems this buffoon is causing are not a joke. Oh and you... evil 1%, please continue giving to charity... because the government will get to the problems waaaaay faster and more efficiently than you. The incentive to invest in Canada and own a business is not what it once was. He looks prettier with his mouth closed.

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This is long, but I have to vent. I do my best to stay "on the sidelines" of politics, but this video has also pushed me over the edge. Trudeau's Minister of Finance wouldn't even answer the most basic questions about the cost of debt with high inflation. It's incredible that he panders back to the "successful" and should pay a little more line. Where does that end? To be blunt, I would be okay if any level of government these days was competent. But instead, post-COVID, so VERY many are no longer working efficiently, and the elected officials seem afraid to get them "back to work." Most levels of government are "broken".All of us in mid-sized businesses worked 100% during COVID and have continued ... For those of you who might buy his Bullsh*t logic, you might want to think about how many companies are still in place because their 'family owners' saved for a rainy day, survived COVID and worked 100% of the way through it - instead of making cuts. It's almost too hard to finish this paragraph, as I am furious. In my case, I have the pleasure of leading over 300+ immediate families (before considering vendors and suppliers)Our Economy is ALREADY spiralling compared to the rest of the world due to lack of investment ... now he wants to make independent business people the "bad folks." Seriously? I hope you are all smart enough to read through his bullsh*t... His angle is purely for "effect" and to sound like he is on the right side of this. He is not. Meanwhile, the truth is that he is once again going to damage the well-being of our kids and grandkids (Yes, Mr. Trudeau); some of us worry about our Kids, Single Mothers, Families, Grandkids, and the disadvantaged. Let me assure you that the government only exists because of "taxes," and I can assure everyone that the analysis of "taxes vs. wealth" would tell a different story. But, of course, he doesn't discuss facts but paints "stories" that are misleading.Our government is essentially "insolvent", other than printing money. If you spend more than you make, you go broke—period. Does he not understand the concept? Apparently not!Total Bullsh*t and sad that our Prime Minister would pander in this way.The truth is that rents are now "insane," which affects the ability of single mothers, immigrants and those at the lower income level to function/cope. Of course, we already know that they are visiting food banks in record numbers. Meanwhile, the carbon tax has eroded "money in your pocket" for these very same folks - so they are not spending. The vast majority are "worse" off - period.We have an incompetent government that spends like pirates. Do any of you genuinely feel our government service is better than ten years ago? Our bridges? Our infrastructure? Our Health Care? Our Education System? Affordable housing? Trudeau's response is to turn on a smile and spin the story to cover up poor decision-making. Very sad.

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AMDGSo true, and so fair.

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Comments on this video miss important points: Ottawa is doubling down on its Budget measure wrt capital gains while at the same time it is feeling the heat on the issue. This video signifies the Liberal government's ongoing attempts to paint the Conservatives in the corner of the megaphone-savvy,well-financed, wealthy. It also signifies fear(on the Liberals' part) and opportunity - the opportunity to re-direct the anger that most Canadians are expressing to pollsters and that has been directed to the PM in particular. This is, in essence, the political equivalent of a jujitsu move in which the opponent's supposed strong point is used to put him/her on the floor. In a larger sense, Mr. Trudeau may have opened a proverbial Pandora's box in that one takeaway is that we are headed towards treating all income sources equally for tax purposes and that the 'fairness' arguments won't likely stop with the April 16 Budget measures. There is enough in Mr. Trudeau's remarks to set off a firestorm of demands for even greater fairness as the Liberals strive to out-populist opponents on the left and on the right.

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This is a fair and equitable means of wealth distribution.

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Such a misleading explanation (pretty good politics though!) 😅 The most misleading comment in the video is when Prime Minister Trudeau states that this only applies to 0.13% of Canadians. Unfortunately, that figure is EXTREMELY misleading 😅 Why? Because it focuses on capital gains reporting in an applicable year, NOT how many people WILL be impacted by these changes. For example, this change applies to families with cabins, people with rental properties, etc. Think to yourself, how many of your friends own a cabin? 🏠 But who else does this impact? 🤔 There are many, many private corporations (accountants, doctors, lawyers) in Canada that have invested capital. The owners of these businesses will, of course, eventually realize capital gains. When they do, there is no $250,000 threshold for them, so they will face the additional 16.7% on all gains... 😥 Still think the number only applies to 0.13%? 💰

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Straight up lies. Destroying small business owners' futures...Destroying any sort of productive investment into our once great nation....And, single handedly preventing future generations from taking ownership and responsibility to start their own businesses here in Canada....We need a change.

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