WOE CANADA: AN IDEA FOR P.M. CARNAGE’S PLUNDER OPERATION
If you're watching the new Carnage government of Canada getting ready to commit all sorts of carney on that country...ahhhm..... (embarassed cough)... (embarassed clearing of throat and another cough)...
Woops.
Sorry. I'll have to start that one again. I was nominalizationally confused.
Here we go: If you're watching the new Carney government of Canada getting ready to commit all sorts of carnage on the country, then you'll want to pay attention to this story. Something tells me that when Major General Keller's Canadians stormed ashore on Juno beach on June 6, 1944, this is not what he nor they had in mind with the phrase "defending our democracy." Ottawa might thus want to give due and serious consideration to changing the opening lines of the Canadian national anthem from
O Canada! Our home and native land!
True patriot love in all of us command
to
Woe, Canada! Our plundered native land!
True plunder from us command
because it appears that Canadians can expect nothing less from the government of Mr. Carnage... er... (sigh)... Mr. Carney, according to this article shared by one of our Canadian readers, R.P.:
The Home Equity Tax: Is it coming and what’s the potential impact for Canadian Real Estate.
He even sent along a website link, to reinforce the idea of just how bad the policies thus far have been under former the former Trudeau government, a website about which we'll have more to say in a moment:
Now, in case you missed what a "home equity tax" is - at least in Canada under Mr. Carnage's government - it's more legalized theft and robbery, plain and simple, as the article explains in its very opening paragraphs:
Imagine owning your home for decades, watching its value steadily climb, only to be hit with a surprise tax bill, not because you sold it, but simply because it appreciated in value.
That’s the unsettling possibility behind the growing chatter about a so-called "home equity tax" in Canada. While no such tax exists today, the very idea has sparked heated debate, raising questions about fairness, affordability, and the future of homeownership as we know it.
This colossally bad idea was, apparently, an election issue in this last election which handed the plunder keys to Mr. Carnage:
A home equity tax, simply put, it's a proposed levy on the increased value of your home, specifically, on your principal residence. The idea is for Government to raise money by taxing wealth accumulation from rising property values. There hasn’t been anything officially published or any laws passed by the current liberal government, but there are some rumblings, particularly as it has become a hot election topic.
And now we get back to the website:
While no official announcements have been made by the federal government, proposals such as the one fueled by think tanks like Generation Squeeze, which advocate for "generational fairness.", have been circulating around since 2022.
Problem? Bad government policy leading to a housing problem for Canadians, leading to higher prices and people not being able to afford it. We recognize it as the familiar siren call of "fairness". (sound familiar?)
Solution: government policies and bureaucracies to study the problem, and generate more policies that will be solutions, which will include more tax-funded programs to assist first home buyers. (sound familiar?)
"Oh yes, you can keep your doctor home under our new plan. In fact, prices will skyrocket fall while benefits increase decrease." Think of it as a kind of Canadian housing version of Obamacare, eh? Of course, the problem is this:
- Potential cash flow issues: A tax based on unrealized gains could force some to sell or borrow against their homes to pay the tax bill.
With that "forced to sell" we have the essence of "government by banksters", for which Mr. Carnage is now the poster boy, because with that comment the whole operation stands revealed as nothing but yet another plunder operation disguised as "we're only trying to make things fair" and "we're here to help." (sound familiar?)
Uh huh. Go back to Britain, Mr. Carney. Or better yet, return to your real roots, and go back to the Venetian swamps.
The only problem is that I suspect that the old Venetian oligarchy is much too savvy to approve of such a scheme. After all, they have a bit of experience when it comes to plundering Europe, and finding out what backlash is like... Meanwhile, if our Canadian friends do get saddled with a home equity tax, I'd give some serious thought to revising those national anthem lyrics.
And if they do go through with this lunacy and globaloney, then watch, folks, because it won't be long at all before the Looneycrats down here start thinking it's a good idea.
See you on the flip side...
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