Quote:
Originally Posted by westopher
I can't tell if you are being serious?
If you are, I suggest you re-read about every second post that mentions massive taxes on foreign ownership and investment properties.
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Massive taxes like the 1-2% number being proposed on absentee owners? Not sure about you, but not entirely convinced that will make a lick of difference. Anyways saavy investors will find a loophole or skirt around whatever tax regulation, you can count on that.
Personally I feel we should be more mad at these multi zillionaires collecting welfare cheques, free MSP, and subsizidized social services using these precious scarce resources up from those who really need them. Now THAT is an actual problem, but not cool enough to make the headlines.
Tax investment properties one and all? Well that's also an additional tax on MANY locals. That's like saying since you own 2 cars, you should pay double the insurance so other people can also afford to buy a car. Crappy analogy, but you get my point I hope