The Great Reset: I'll take $1000 on home equity tax, Alex – What is the Netherlands, South Korea, Sweden and now Canada?
"They're coming for you, for your home, for your savings, for your legacy."
"The middle class is always the ATM."
"The more you save, the more you owe."
"A steep progressive tax on the appraised value of your home. Not your income, your home. This wasn't a one-time grab. It was annual. And it got worse the more equity you built."
"A wealth tax would force many to sell those assets to cover the government's cut. You're not just taxed on cash in the bank. You're taxed on what you've built. Even if you're land rich but cash poor, you still owe. Even if you're not making any new income, the bill still comes."
"A wealth tax is not about the rich. It's about control. It's making sure you never get far enough ahead to stand on your own. They want you dependent. They want you waiting. They want you begging rebates and grants and subsidies because that's how they control you. A wealth tax, it's not about fairness. It's all about power."
"If Mark Carney implements a home equity tax, it will destroy retirement plans for millions of Canadians. If he implements a wealth tax, it will crush small business succession, family farms, and independent professionals alike."
"Quietly behind the scenes there are two taxes fully written up and ready that Carney COULD implement at any time. The Home Equity Tax and the Wealth Tax. We take a look at both and we even found examples of countries who tried this and....shocker...it failed. Take a look!"
More in the Bakes on Things video. (video segment starts at 1:27 mins)
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