@ISIDEWITHQuestionsHousing Issues6yrs ago

Should the government impose a 1% tax on real estate owned by non-residents?

In 2019 Prime Minister Justin Trudeau proposed a 1% tax on resident non-Canadians. The proposal’s goal is to prevent foreign buyers from driving up the cost of real estate for residents. British Columbia currently levies a 2% speculation tax and Ontario levies a 15% tax. Opponents argue that the current spike in real estate prices is due to the strong domestic economy instead of investments from foreigners.

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Answer Overview

Response rates from 2.4k Port Moody - Westwood - Port Coquitlam voters.

85%
Yes
15%
No
44%
Yes
15%
No
36%
Yes, and the tax should be at least 10%
3%
Yes, and the tax should be at least 5%
2%
Yes, and the tax should be at least 20%

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Other Popular Answers

Unique answers from Port Moody - Westwood - Port Coquitlam voters whose views went beyond the provided options.

 @8CB9T9Mfrom Alberta  answered…5yrs5Y

Do not know enough about the subject to make a meaningful stance

 @8FZ93WYfrom Alberta  answered…5yrs5Y

if the real state isn't being housed or maintain a tax should be imposed

 @8PYW532from Ontario  answered…4yrs4Y

Yes and the tax should be at least 50%

 @B46V7MRfrom Alberta  answered…4wks4W

The question would do better to read non-citizens, not non-residents, in which case I would answer Yes, and the tax should be higher

 @9H6GJSNfrom Alberta  answered…1yr1Y

I believe that if you simply don't live in Canada, nor are a permanent resident, and or on a student and work visa, you shouldn't be able to purchase property above a certain amount as it simply isn't fair to Canadians who live here and can't afford or purchase a house due to this.

 @9FY3GSMfrom Ontario  answered…2yrs2Y

Non-residents who have lived here a certain amount of time should be able to purchase a home without penalty as long as they choose to live in the home and not rent it out.

 @8VSM475from Ontario  answered…4yrs4Y

Abolish money

 @8THHZYMfrom Alberta  answered…4yrs4Y

Yes, but only on citizens within the 1 percent of the wealth bracket

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 @ISIDEWITH submitted…5mos5MO

Texas Offers Trump 1,400 Acres for His Mass Deportation Dream

Officials in Texas have offered President-elect Trump a 1,400-acre ranch for his mass deportation plan.Dawn Buckingham, land commissioner of the Texas General Land Office, said in a letter to Trump Tuesday that her office was “fully prepared” to work with federal agencies that are going to be involved in Trump’s immigration plan, and specifically deportation.Buckingham offered Trump a 1,402-acre lot in Starr County. The lot is owned by the Texas General Land Office and is roughly 35 miles west of McAllen, Texas.She said the agency is ready to work with the Department of Homeland Security and Immigration and Customs Enforcement (ICE) or the U.S. Border Patrol to build a facility on the land for “the processing, detention, and coordination of the largest deportation of violent criminals in the nation’s history.”“I am committed to using every available means at my disposal to gain complete operational security of our border,” Buckingham wrote.The letter and offering of land were first reported by The Texas Tribune. Last month, the state bought the land along the U.S.-Mexico border and has plans to build a wall.In the letter, Buckingham criticized her predecessor for not allowing a border wall to be built on the property. Those actions “enabled cartel members and violent criminals to sexually abuse migrant women and children on this land,” she said.On Monday, Trump signaled he would declare an immigration national emergency and use military assets to support his mass deportation plan when he returns to office.

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 @ISIDEWITH submitted…3mos3MO

Supreme Court Clears The Way For Trump Sentencing

Donald Trump will face sentencing over his New York “hush money” conviction on Friday, after the US Supreme Court declined to grant him a last-minute reprieve.The decision will force the president-elect to face public proceedings in the criminal case that he has fought strenuously to avoid. His lawyers had appealed to the high court on Wednesday to postpone the proceeding, claiming that allowing it to go ahead days before his inauguration would create a “constitutionally intolerable risk of disruption to national security” and interfere with his efforts to get his 34 felony convictions overturned.In a 5-4 decision handed down just hours before the sentencing was set to go ahead in a state court in lower Manhattan, a majority of the justices declined to do so, saying “the burden that sentencing will impose on the president-elect’s responsibilities is relatively insubstantial” especially as Trump was unlikely to face any prison time. They added that any issues with the evidence presented at trial — some of which Trump’s lawyers have claimed was inadmissible — “can be addressed in the ordinary course on appeal”.Trump-appointed Justice Amy Coney Barrett joined Chief Justice John Roberts and the three liberals on the bench in refusing to grant Trump’s appeal.Trump said in a post on Truth Social that he appreciated the Supreme Court’s time but vowed to continue fighting the case. “For the sake and sanctity of the Presidency, I will be appealing this case, and am confident that JUSTICE WILL PREVAIL,” he said.Lawyers representing Trump did not immediately respond to a request for comment.Trump’s sentencing was repeatedly postponed while he mounted his third campaign for the White House and pursued various appeals against his conviction. Last week Judge Juan Merchan, who oversaw the “hush money” trial in New York earlier this year, finally set a firm date, in order to bring what he called “finality to this matter”.Trump will probably not face any punishment when he is sentenced, however, as the judge previously indicated he would not impose a fine or condemn Trump to prison time.

▲  1619 replies

 @ISIDEWITH submitted…6mos6MO

Chaos in Europe: Germany’s Government Collapses As Trump Returns

Germany’s coalition government collapsed on Wednesday after Chancellor Olaf Scholz sacked his finance minister Christian Lindner, plunging the eurozone’s largest economy into political chaos hours after Donald Trump’s victory in the US presidential election.Scholz told reporters he would table a confidence vote in parliament on January 15, which most observers expect him to lose. That will pave the way for snap elections in March.Lindner’s sacking and the departure of his pro-business Free Democrats (FDP) from the government brings the curtain down on a deeply unpopular coalition that had become a byword for discord and acrimony.It leaves a void at the heart of Europe just as concern is growing in EU capitals over what a second Trump presidency will mean for transatlantic relations.Germany and the rest of Europe now face a long period of uncertainty they can ill-afford as they brace for a trade war with the US while trying to fend off a growing economic threat from China.In a blistering statement delivered in the chancellery, Scholz blamed Lindner for the breakdown of the government, calling him “selfish” and “irresponsible”. He said he “cared only about his own clientele and the short-term survival of his own party”.The trigger for Lindner’s dismissal was a dispute over next year’s budget. The three coalition partners — Scholz’s Social Democrats (SPD), Lindner’s FDP and the Greens — could not agree on how to plug a €9bn hole in spending plans ahead of a meeting of parliament’s budget committee next week.However, the conflict became overlaid with deeper ideological divisions over how to deal with Germany’s economic downturn and how much public debt the government is legally allowed to raise.Scholz said he had asked Lindner to agree to loosen Germany’s “debt brake”, a cap on new borrowing which is enshrined in the constitution and which the SPD and Greens have long wanted to reform.That would have allowed Germany to take on more debt and so boost its support for Ukraine, at a time when fears are growing Trump might cut aid to Kyiv once installed in the White House.Scholz said he had also proposed capping network charges to bring down energy prices for industrial companies, creating incentives for businesses to invest, and passing a package of measures to safeguard jobs in the car industry, which faces more competition from China.

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Active 2 days ago

 @ISIDEWITH submitted…6mos6MO

Trump’s Puerto Rico Problem Erupts in Pennsylvania: Latino Voters Fire Back

Donald Trump has a serious Puerto Rico problem — in Pennsylvania.Many Puerto Rican voters in the state are furious about racist and demeaning comments delivered at a Trump rally. Some say their dismay is giving Kamala Harris a new opening to win over the state’s Latino voters, particularly nearly half a million Pennsylvanians of Puerto Rican descent.Evidence of the backlash was immediate on Monday: A nonpartisan Puerto Rican group drafted a letter urging its members to oppose Trump on election day. Other Puerto Rican voters were lighting up WhatsApp chats with reactions to the vulgar display and raising it in morning conversations at their bodegas. Some are planning to protest Trump’s rally Tuesday in Allentown, a majority-Latino city with one of the largest Puerto Rican populations in the state.And the arena Trump is speaking at is located in the middle of the city’s Puerto Rican neighborhood.“It’s spreading like wildfire through the community,” said Norberto Dominguez, a precinct captain with the local Democratic party in Allentown, who noted his own family is half Republican and half Democratic voters.“It’s not the smartest thing to do, to insult people — a large group of voters here in a swing state — and then go to their home asking for votes,” Dominguez said.The timing couldn’t be worse for Trump. Almost a week before Election Day, he’s pushing to cut into Harris’ margins among Latinos, especially young men who are worried about the economy. But the comments from pro-Trump comedian Tony Hinchcliffe Sunday night, referring to Puerto Rico as a “floating island of garbage,” has reverberated throughout Pennsylvania and elsewhere, prompting even the former president’s Republican allies to defend the island and denounce the comments. And with the race essentially a toss up, every vote counts — especially in Pennsylvania.“This was just like a gift from the gods,” said Victor Martinez, an Allentown resident who owns the Spanish language radio station La Mega, noting some Puerto Rican voters in the area have been on the fence about voting at all.

▲  3117 replies