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by numakerg 2184 days ago
Then shouldn't the government be closing this loophole and taxing whatever vehicle they use to transfer wealth?

I'd criticize an individual for evading taxes, but a "group" of people is just doing what people do.

EDIT: If you want to talk about the "functional" value of immigrants, then you need to get to the root purpose and bring in whoever is having the most kids.

2 comments

Legislation that has any kind of a racial (or perceived to be racial) aspect to it cannot really be discussed freely. Even though closing such loopholes may be perfectly legitimate, if exploitation of the loophole happens to correlate to a racially identifiable group, in the current age of social media based hyper propaganda it is a very dangerous political move for a career politician (or their party) to touch.
Even if that's the case (and I disagree that it is), I'm sure there are "satellite families" with the breadwinner working in Europe.
And I doubt there'd be an issue with racism making people reluctant to discuss the issue if they were the majority of the cases.
Is that why they have not closed the loophole or are you speculating?

Weren’t they talking about taxing vacant properties in Vancouver recently? Was there social media backlash?

There were significant quantities of racism accusations in social and mainstream media, as there also had been for years during the money laundering in casinos debacle, that most politicians and right thinking news reporters also wouldn't touch.

Who knows what's really true, but there sure seem to be a lot of correlative coincidences, with similar stories in many different countries.

You are assuming that money ever gets to Canada. Half the time it's just kept in an account in Panama to be used when the family is on vacation or wants to buy a second home in another country.

Either that or it's brought in in literal cash. That's why the stories of Chinese home buyer showing up with literal briefcases in cash are all over the place.

The later should be tracked and treated as tax evasion.