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by mistermann 3506 days ago
> Why should I have to pay 40% of my income to pay for the medical costs incurred by that old guy who sold his house for $1.25M

Which he won't pay taxes on because it is his primary residence.

Those who happened to get shut out of the property market simply for being born on the wrong place at the wrong time are paying a much larger portion of the tax bill than those who were "lucky" enough before everything went parabolic. It's actually the opposite of a progressive tax, which Canadians claim to love so much (but the real reason they love it is because they think they're sticking it to someone else.....try and take their capital gains tax exemption away and watch their principles on taxation do a 180).