I have been reading a few posts from various investment managers about how Disney has been ramping up for a distribution model for their movies on line and how that will improve their value. Came across this article this morning and felt it is worth sharing, gives us some perspective about the new service. As a Netflix subscriber, I can see this playing out, check it out.
Why Families Will Ditch Netflix By 2020
Having too many streaming services just won't be practical anymore.
On Tuesday, the highly-anticipated streaming service Disney+ revealed a new streaming bundle consisting of Disney+, Hulu and ESPN. This will cost $12.99 a month, which is the exact same price as the standard HD two-screen plan for Netflix right now. Right there, families who are planning on getting Disney+ can do the math. With Disney+ you get the entire vault of Disney animated movies streaming, plus a smattering of Marvel movies, Star Wars movies, and yeah, that new Star Wars TV show — The Mandalorian — that starts streaming on November 12. (This show is being run by Jon Favreau by the way, you know the guy who directed the first Iron Man? Anyway, I digress. You get it. This streaming service is big.)
Photo throw back from Oct 2016, delivery of potatoes to the Brockville Food Bank, one of our annual efforts to #ImprovingFutures , gleaning the fields at Tincap Berry Farm near end of season, 10,000 plus produce donated to various food banks in the area
One idea I thought about is on the personal tax side of the system. There is a lot of Canadian's not living in Canada anymore. Some are paying taxes, many are not. What the "are not" is I have not found out yet.
Here is some random thoughts and articles regarding the matter for future consideration and updates.
"People and politics, thank the good Lord we won the birth country lottery ! "
2.8 million Canadians live abroad , I wonder how many making over 20,000 a year pay no taxes to Canada?
I think a tax no matter what your residency status should be considered. No doubt about it. Only exception would be those that were never in a hospital, seen a doctor, never went to a school. Parents never collected any form of social assistance. That’s probably enough nevers. Beyond that they would have some value for being born here before they had to leave.
Thanks for sharing the article, looks like Scheer needs to work on getting more known .... “though a majority of voters no longer have a positive impression of him. But he leads Conservative Leader Andrew Scheer” perhaps the win on our local shores yesterday is a sign of things to come, in the meantime expect the cash flow to increase to grease the political economy, the kids can pay for it .... maybe , just maybe we should start taxing those who are non residents, living and working abroad, why should they have the benefit of access to our embassies if they get in hot water, need advice, or the luxury of returning if they get a better offer on our Country’s soil ? I think that would be a good conservative policy to implement. I was just thinking about this yesterday. It would be good for Canadians and business, we live in a global economy, it’s time to focus in on this little tax opportunity and reinforce our nations citizenship capital.
So how many Canadians are living abroad not paying any income tax to their nation ?
surely a more effective way would be to close the loopholes that allow corporations to hide billions offshore to avoid taxation.
The CRA knows full well that countless large corporations are hiding money in tax havens abroad to avoid paying but they do nothing about it.
And for the record, Canadians working overseas do have to file their taxes, it’s just there’s a high threshold before they are required to pay taxes on it
The threshold should probably be dropped down to the middle class level, Fair is fair , you have to get the pennies from those that benefit
Like Ford, a little bit here, a little bit there and you get your budget back in line
you mean like, a little from the hospitals, a few nurses here, a few nurses there. A few schools here and there. A little from the poor, a little more from the poor. A little from green energy subsidization. Sell off some profit generating aspects of the government.
Back to the days of Mike the Knife Harris before we know it
No, if your a Canadian living abroad, you pay the same tax rate less what you pay in the country you live in, simple, effective, fair
fair in what capacity? Pay for services I can’t use? Pay 20-30% of my income to a government that isn’t providing any services for me? Then pay another 17% to the Korean government in income tax. Get real.
If that’s the case, are we going to see your men of the people Ford and Scheer go after corporate tax avoidance, their use of tax havens, and questionable loopholes to not have to pay their share? Cut the unnecessary and pointless subsidies they get from the government, which they pocket and do not re-invest.
There’s a better chance of the Green Party winning the next election than there is the conservatives (or liberals for that matter) go after their rich friends and demand they pay their fair share
Your a Canadian, that’s is worth a couple bucks a day in my books
2 billion dollars from those abroad every yr will help hire a few auditors for sure
You will get to vote as well, sounds like a bargain to me
this is a great idea, I am sure the Green Party and ndp will love it. It’s a bit socialist, but very capitalist at the same time, Canada invested in a person, they should get a return for that investment. Especially if that person win the birthplace lottery and found themselves getting the benefit of a doctor, school teacher, bus driver, born in a hospital, took a bus somewhere, drive a car over a bridge or on a 4 lane highway after it was plowed after a snow storm, they should pay a little back for winning that lottery. If they managed to get a decent job overseas , why they should pay at least a percentage of that extra just like everyone else that decided to stay. Alternatively, pay an exit fee , kinda like buying your pension back, you can scale anything and make it fair.
that system is already there. Canadians working abroad making a certain amount of money are required to pay back. Those who benefited from Canada’s services and high standard of living are asked to give back. Your idea is to lower the threshold and squeeze the smaller folk, which has always been the policy of the conservatives. Protect the wealthy, and crush the poor
Collect extra 2 billion dollars, that’s the goal
from those who can afford it the least? Why not start by cutting our subsidies to those who have more than enough?
We give subsidies to corporations and the rich and instead of re-investing the money, they hoard it. As we’ve seen with GM, and in recent years, Heinz, Proctor-Gamble, Caterpillar, that regardless of how profitable they are, and the subsidies they receive, their greed will never be satisfied and they will abandon their workers
Have tax laws and processes changed since the Trudeau government began, or are they the same as the Harper government's policies and laws?
If your confused about this article, don't worry, that is what we are here for :)
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