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Justin Trudeau Wants To Tax Your House · Radio Baloney - The Richie Baloney Show!

• 0:03
  It's always the same with far leftists like Trudeau, institute childish, disastrous policies
• 0:09
  and then blame someone else for the consequences. Now, of course, right
• 0:13
  now, because of his appalling polling numbers, dear leader, Trudeau was attempting
• 0:18
  to stoke class resentment because well, he's a far leftist and that's what they
• 0:24
  do. And he's taking aim now at retirees who he claims are selfishly living
• 0:30
  in homes with extra space instead of getting out of the way for people who
• 0:34
  arrived in Canada yesterday. Let's take a look at what he has to say.
• 0:39
  One of the things that always comes up for me is the idea that
• 0:44
  on housing, you have a whole bunch of older folks who are living in
• 0:48
  houses that are too much house for them right now, too much house for
• 0:52
  them right now, according to who, I guess, according to Justin Trudeau,
• 0:56
  he's made that decision for you. He's already figured it out. What's
• 1:00
  the appropriate amount of space for you. The fact that it's your house,
• 1:03
  that your property, that you've paid for apparently doesn't matter to just In Trudeau.
• 1:10
  And I got to say it seems like Trudeau is really terrible at deciding
• 1:15
  things like you talk to older generation of folks, they say, oh,
• 1:19
  no, I remember I had to scrimp and save for years before we could
• 1:23
  set a down payment on a home. It was really hard. Is a
• 1:26
  big expense. Housing is always hard, you know. It's not like you
• 1:30
  know, yeh drag press ah ye loaf of brand just would cost me a
• 1:34
  nickel or whatever it is. You know, it's this idea that, oh
• 1:37
  no, housing was always the big expense and it was always hard to get
• 1:40
  into housing. So they see young people saying, oh, it's hard to
• 1:42
  get into housing, like, yeah, no, we live that, and
• 1:45
  to explain to them, no, you didn't, Well, that's a perfect
• 1:48
  segue for me because it's just the same old comy playbook, isn't it trying
• 1:53
  to stir up resentment. And for the record, older Canadians are very well
• 1:59
  aware of the that it's different now, and just like everybody else, they
• 2:02
  know why it's different. It's different because of Justin Trudeau's mass immigration policy flooding
• 2:09
  the country with millions of people in a few short years. It's logistics,
• 2:15
  it's supply and demand. There's too many people too quickly, and everybody knows
• 2:20
  that. Apparently aside from Justin Trudeau, I have a slight learning disability.
• 2:25
  So what does all this come down to? But Trudeau's obviously got a big
• 2:29
  interest in people's houses. And what are the only three things that Trudeau knows
• 2:32
  how to do well? One is to embarrass himself publicly, two borrow money?
• 2:39
  Three tax? So where do you think this is going here? From
• 2:45
  July ninth, twenty twenty four from Michael Higgins in the National Post, does
• 2:49
  Trudeau plan to put the squeeze on older homeowners? Pm discusses housing crisis and
• 2:54
  generational fairness in podcast for group that wants an annual search on all homes over
• 3:01
  one million dollars, so an annual sur tax every year. But who was
• 3:06
  Trudeau talking with here? Well, that there is Paul Kershaw. He's the
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  founder, lead researcher and executive chair of something called Generation Squeeze. He's also
• 3:17
  an award winning tenured professor at the University of British Columbia. So no way,
• 3:23
  he's a far left socialist. But anyway, this group, Generation Squeeze,
• 3:27
  is an organization in favor of taxing people's primary residents. A report by
• 3:31
  the group advocates for an annual surtax on all homes over one million dollars.
• 3:38
  Homes valued at one million to one point five million would face a surtax of
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  zero point two percent, possibly rising two point five percent over time, and
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  homes of two million would be hit with a one percent tax. So home
• 3:52
  works one million dollars would be taxed two thousand dollars every year. And in
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  a place like Vancouver or Toronto, that's pretty much every house now in Canada.
• 4:01
  A lot of people are house wealthy but cash poor. And that two
• 4:05
  thousand dollars for a million dollar house every year, especially for a senior on
• 4:11
  a fixed income. And of course you know that this is going to go
• 4:14
  up every year, right, you know that. So this would accomplish two
• 4:17
  things for Trudeau, extract even more money out of homeowners and also drive retirees
• 4:24
  out of their houses. Well, here's an interesting tidbit about this Generation Squeeze.
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  Guess who funds them. We've got the Canadian Institutes of Health Research,
• 4:31
  that's government and the Public Health Agency of Canada again government. So the government
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  is funding Generation Squeeze. To tell Trudeau exactly what he wants to hear.
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  This is the circle jerk that goes on in Canada, the corruption. So
• 4:48
  Trudeau funds an organization that is going to say what he wants, The organization
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  says what he wants, and then the government subsidized media has the activist on
• 5:00
  as an expert to say exactly what Justin Trudeau wants them to say. It's
• 5:05
  a giant circle jerk. And of course we all know that the real problem
• 5:10
  is not seniors staying in the homes they worked for. The problem is mass
• 5:15
  migration. It's just logistics, it's just supply and demand. Trudeau brought in
• 5:21
  too many people. He caused all of these problems, all of them.
• 5:27
  But of course all he can do is what far leftists always do, which
• 5:30
  is demonize the group. He's gonna demonize home ownership as greed. I really,
• 5:35
  at this point have no doubt that if Trudeau could, he would just
• 5:39
  seize everybody's property, tell you that it was for equity, and then you
• 5:43
  could spend the rest of your life as a miserable surf with no hope of
• 5:46
  ever achieving anything better for yourself. And then if you didn't like it,
• 5:50
  well, of course he'd call you a threat to democracy. Anyway, That's
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  all I got to say about that, please like, share, and subscribe.
• 5:58
  Subscribing really helps me out. I think thank you for that. I
• 6:00
  will see you next time.