Control and Compound with Darren Mitchell

Canada's Tax Problem | The Hidden Cost of Success for Canadians


Listen Later

Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL

Back by popular demand, Darren is once again joined by Jake Fuss, director of fiscal studies for the Fraser Institute! The two chat about the current state of Canada's tax system, why Canadians pay so much in personal taxes, as well as an analysis of Mark Carney's tax proposal and the passive income problem. Tune in now!

Show notes:

00:00 - Introduction

1:05 - The current state of Canada's tax system

2:25 - What's driving the increase in personal taxes?

7:10 - Are we missing out on top talent because of our personal taxes?

10:15 - Does increasing taxes really make the government more effective?

11:50 - Are people investing less in Canada than previous years?

14:50 - Does Canada have a problem with producing successful entrepreneurs because of our tax rates?

16:30 - Analysis of Mark Carney's tax proposals

21:55 - What are the government's upcoming capital expenditures?

24:10 - Can Canada still be competitive with these massive deficits?

25:40 - What would Jake Fuss do if he was finance minister?

27:50 - A closer look at passive income taxes

30:20 - Wrap-up

Find Jake at:

Website: https://www.fraserinstitute.org/

BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us

FIND US ON:

INSTAGRAM: https://www.instagram.com/controlandcompound/

TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en

FACEBOOK: https://www.facebook.com/controlandcompound

JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

...more
View all episodesView all episodes
Download on the App Store

Control and Compound with Darren MitchellBy Control and Compound Financial | BNV Media


More shows like Control and Compound with Darren Mitchell

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,725 Listeners

Build Wealth Canada Podcast by Kornel Szrejber: Investor

Build Wealth Canada Podcast

13 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,081 Listeners

The Dividend Guy Blog Podcast by Dividend Guy

The Dividend Guy Blog Podcast

66 Listeners

The Peter Attia Drive by Peter Attia, MD

The Peter Attia Drive

8,522 Listeners

Wealth On Main Street by Richard Canfield & Jayson Lowe

Wealth On Main Street

11 Listeners

The Canadian Investor by Braden Dennis & Simon Belanger

The Canadian Investor

81 Listeners

The Peak Daily by The Peak / Curiouscast

The Peak Daily

12 Listeners

Huberman Lab by Scicomm Media

Huberman Lab

29,188 Listeners

All the Hacks: Money, Points & Life by Chris Hutchins

All the Hacks: Money, Points & Life

1,610 Listeners

Angry Mortgage by Ron Butler

Angry Mortgage

8 Listeners

The Canadian Real Estate Investor by Daniel Foch & Nick Hill

The Canadian Real Estate Investor

33 Listeners

The Loonie Hour by Steve Saretsky

The Loonie Hour

14 Listeners

The Wealthy Barber Podcast by The Wealthy Barber Inc.

The Wealthy Barber Podcast

68 Listeners

In the Money with Amber Kanwar by Amber Kanwar

In the Money with Amber Kanwar

19 Listeners