Sorry - where did I say people steal money?
If a few Canadians get captured under this tax, oh well. Again, if you can afford a $1M recreational property, you can afford the tax.
You did not say that - you implied a lack of sympathy. The only way I would not be sympathetic to someone is if they had gotten their wealth through shady means. To imply no sympathy is to either admit jealousy or worse.
This is a way to punish success.
This doesn't end well for one group, I can promise you given enough push back the ones being truly hurt wont be the rich shady ones.
Jealousy? I just hate listening to people complain about things when, in reality, they should consider themselves privileged. People are without homes, without food, struggling to make ends meet... and I'm supposed to reserve some sympathy for people getting taxed on their weekend home? LOL... it's not even first world problems.... it's high tax bracket first world problems. Give me a break.
Its a slippery slope!! We aren't actually complaining, I was pointing out that NDP just pulled off the Greatest Tax Scam in History and everyone loves it!! They are completely lying about the implementation of the tax and are using mob mentality to get people to agree to punitive new taxes, and you are okay with that??? (BTW this tax doesn't affect me, as I have all of our properties rented out long term, except in Whistler, where the property is designed and zoned for short term rentals and is outside the zones included in this scheme..,but I guess by your standards I shouldn't own any of these properties, except the one I live in.)
They are using the same playbook to implement the congestion tax next, getting everyone to agree that we need to solve the congestion problem while nailing everyone for leaving their house to drive to work. They are trying create a big problem and then swoop in and magically solve the problem with a grand new tax, yippee, lets get all the bad drivers and nail them too, because ICBC was mismanaged, we will invent new ways to penalize people for speeding!!!
Why stop there, lets go for an asset tax next, the government should be able to just take $20 of every $1000 you have saved, but don't worry we will give that to the poor people who don't know how or don't bother to save money.
These are taxes that strike at the very fabric of our free society and yet its all a great new plan, based on the fact that no-one deserves more than the next guy. After the Asset Tax is implemented, we can start assigning housing as well. Why should you choose your primary residence, the Government can just decide for you.
Okay I'll stop with the Hyperbole, but why should the government punish people for getting ahead in life (aside from the fact that Eyethebuys thinks anyone who gets ahead in life must be a crook)
Here is a good example https://bc.ctvnews.ca/why-are-people-who-live-in-their-homes-getting-dinged-by-the-empty-homes-tax-1.3813469
These people are going to get double screwed, just because they built a life where they live on Salt Spring and travel to Vancouver to work and live part of the time.
They are going to be forced to pay $8000 per year to the City and then will get double dinged by the Government of BC, who will expect $16000 minus a tax credit (assuming they made 100000 per year would amount to $7k). Therefore she will have to pay $9000 to the Government of BC and $8000 to the City just to have a place to live while she works in the city. That's $17,000 per year on top of property taxes, income tax, GST, PST, Environmental Levies for anything with a plug (that also charge GST and PST on top of the tax levy - tax on top of tax), Carbon Tax, etc, etc.
So these middle class BC tax-paying citizens are on the hook for another $17000 Per YEAR!! (and likely climbing every year if their assessed value increases), just because they live on Salt Spring Island and have a condo in Vancouver to use while working part-time in the city.
Yes I agree there are some problems to solve with our housing, but as I've said before, if the government just applied the rules fairly, and collected the existing taxes we already have in place, we wouldn't need to invent a bunch of new taxes that punish the wrong people and threaten our way of life and are putting us on a very slippery economic slope. E.g. Withholding 30% of the proceeds of any pre-sale assignment or in fact any sale of real estate by a non-resident seller. Forcing them to file taxes and claim the capital gain...meanwhile they have been allowed to take this tax-free money without a worry of any repercussions and do it over and over for year and years. Instead 20 years later, we will create a database of people who assign their pre-sales (ok its a start)!!!
Stop making the Real Estate Sales Person the Police for money laundering. The person who only gets paid when they successfully conclude a transaction is expected to police their clients??? No wonder that has failed miserably!!!
Meanwhile the ultra rich are two steps ahead and will be pulling their developments off the table to figure out what's next. the Ultra Rich developers are making billions selling condos that the average person shouldn't be allowed to own anymore according to the Internet mob, meanwhile the Ultra Rich will just take their money and run off to the next money making investment somewhere else. And you are calling me tone deaf, wow!!!
Meanwhile more drug addicts will die in Vancouver (well actually everywhere in North America) while Gregor plans his post-mayoral retirement...pretty sure he will have multiple recreational properties in warmer places than Vancouver!