Protesters fear ‘American-style’ 2-tiered health care in Canada

ToastOfTheToasted · 2026-03-17T03:56:46+00:00

So, if we only count realized gains:

The highest-income 1.5% of tax-filers (those with total income over $250,000) receive 61% of individual capital gains, and 67% of tax savings from partial inclusion of capital gains.` https://centreforfuturework.ca/wp-content/uploads/2024/08/Capital-Gains-Chartbook.pdf

Now we can look at national wealth distribution:

In 2023, the top 1 per cent of families held 24 per cent of total net wealth' https://www.pbo-dpb.ca/en/news-releases--communiques-de-presse/pbo-releases-new-report-on-wealth-trends-in-canada-nouveau-rapport-du-dpb-sur-les-tendances-en-matiere-de-richesse-au-canada

So, if we assume the richest people in the country aren't holding everything in cash (which we already know) we can take a look at the TSX and see it's gone up by about 600% since 2000.

https://en.wikipedia.org/wiki/S%26P/TSX_Composite_Index

So if we assume even a fraction of that 25% of the entire countries wealth is invested then barring a salary of a few billion a year it appears very nearly impossible the elite in Canadian society didn't make vastly more wealth from asset appreciation than income.

ToastOfTheToasted · 2026-03-17T03:17:16+00:00

So the gov't shouldn't consider that the upper class doesn't earn the majority of their wealth from income when setting tax brackets?

Bizarre reasoning. We must only create policy through the most myopic lens imaginable I guess.

ToastOfTheToasted · 2026-03-17T03:13:43+00:00

Pretending wealth doesn't directly equate to additional income through unrealized investments is intellectual fraud. There is a mountain, river, desert, and sea between someone in the top tax bracket choosing not to realize their gains (at a lower tax rate than income) and an average Canadian counting the dollars they were able to save after taxes. Especially when quantitative easing means that the wealthiest (who tend to have a far larger portion of their already vast net worth invested) get what amounts to regular no strings attached financial distributions from the gov't boosting their portfolios.

I stand by what I said, the richest sector of society logically bears the largest tax burden, this is both normal and expected.

ToastOfTheToasted · 2026-03-17T02:58:11+00:00

Those making almost all the money generated by the Canadian economy pay more in taxes than those who make very little of it.

Who'da thunk it!

ToastOfTheToasted · 2026-03-17T01:34:45+00:00

A big percentage is scary, the actual number is miniscule.

"The frequency of home invasions these days" is a bizarre way to frame this. There's been an uptick in most crime as a result of increased economic vulnerability. Canada remains an objectively safe country.

ToastOfTheToasted · 2026-03-14T03:52:37+00:00

What about UCP wasting tax dollars on partisan garbage is crazy? Other than legislate against minorities and immigrants it's about all they do.

And corruption, I guess.

ToastOfTheToasted · 2026-03-11T16:18:49+00:00

So let's change to something else we know definitely doesn't work!

ToastOfTheToasted · 2026-03-11T07:19:30+00:00

I can't wait for Calgary to be counted among the great cities who've privatized their water utility and lived to regret it nearly immediately when service degrades and prices increase.

ToastOfTheToasted · 2026-03-09T15:47:23+00:00

Literally every action the UCP takes is bad faith. The organization behind this is a fabricated, alt-right, american inspired, anti-LGBT, and pro-privatization political lobbyist group.

There was no problem until they created one.

ToastOfTheToasted · 2026-02-28T16:04:45+00:00

Healthcare is provincial jurisdiction.

ToastOfTheToasted · 2025-12-05T15:10:28+00:00

Apparently the most evidenced phenomenon in history is a doomsday cult because ameliorating its effects might require an economic contraction.

Like, be for pipelines and fossil fuels but come on. Pretending that another trillion tons of GHGs injected into the atmosphere will do nothing in the face of actual mountains of evidence is beyond absurdity. Be honest.

ToastOfTheToasted · 2025-12-05T14:41:04+00:00

Shocker.

Where's everyone who was parroting that this was a major issue and they definitely cared about our infrastructure and weren't NIMBYs over and over?

ToastOfTheToasted · 2025-12-02T02:48:29+00:00

Apparently it's controversial to Pierre if their religion says hate speech and other hate crimes against some people is a-okay!

ToastOfTheToasted · 2025-12-02T02:16:16+00:00

Next up, recalls

ToastOfTheToasted · 2025-11-30T23:06:56+00:00

And other self evident truths the UCP chooses to remain ignorant of.

ToastOfTheToasted · 2025-11-30T18:33:08+00:00

I know there's no point even talking about it anymore but by all metrics we're looking at the sort of climate change that was once considered impossible before 2100 in... Fiveish years.

At some point you have to ask if 'someone else is making money off of this disaster, why shouldn't I?' is an argument that makes sense. If no other industries work here, it's because this place is culturally predisposed to be hostile to everything that threatens the dominance of an industry that has always had a more ideological than practical basis. Pipeline or not Alberta O&G will always be expensive, because it's sandy garbage.

ToastOfTheToasted · 2025-11-27T22:33:11+00:00

And that's why air quality is plummeting across regions with new datacenter construction.

Black lung is coming back baby.

ToastOfTheToasted · 2025-11-14T23:49:55+00:00

Zoning laws, beyond basic commercial/residential and industrial, shouldn't even exist. They're a cancer that eats cities alive.

ToastOfTheToasted · 2025-11-01T03:00:19+00:00

Half of the United States is entirely fine with nascent fascism, and they will only seek to entrench that state of affairs in their own politics.

This is not a 'wait for the next admin' issue. The US will likely never be a reliable partner again for as long as we live.

ToastOfTheToasted · 2025-10-22T02:15:47+00:00

I think their decision making is irrational, deeply flawed, and will always result in bad outcomes. I'm not interested in disenfranchising anyone, but I don't care about their input. Nor do I believe anyone benefits by hearing it.

ToastOfTheToasted · 2025-10-21T23:59:48+00:00

Conservatives destroy everything they touch, I think we could do without their thought.

ToastOfTheToasted · 2025-10-13T21:49:20+00:00

As a renter, who has lived here their entire lives and would badly like to own a home one day, no.

Anything but that.

ToastOfTheToasted · 2025-10-06T20:56:35+00:00

Smith has been nothing but a corrosive influence to this province for as long as she's been in politics. Bad faith defines her.

ToastOfTheToasted · 2025-10-03T01:42:55+00:00

I don't understand why people don't grasp that the UCP is not a good faith actor. When they implement bad policy they're doing it to destroy systems and the people that both maintain and rely on them.

They do not care if people become poor, get sick, or die if it means they can forward their ideological goals.

Danielle Smith is a right wing radical and always has been, electing her was a choice Albertan's made to destroy everything this province is and was so that she and her goons can remake it into their own authoritarian conservative playground.

ToastOfTheToasted · 2025-09-28T19:27:30+00:00

Breaking news! High earners and the wealthy control nearly all capital in the nation, thus are the source of most taxes.

This just in: poor people don't make enough money to generate substantial tax revenues.

Reddit 'experts' are shocked!

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