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The tax changes are a very big deal, especially for professionals and highly successful family businesses. If you don't mind losing your doctor to the States or having far fewer great family businesses, then sure its no big deal.
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Are any businesses in the downtown allowed to do the sidewalk patio addition? Would the city allow any permanent concrete patio portions built like at Ohanlons? Looking at the new Starbucks on 11th, would be nice to actually have some sizeable patio space.
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I believe this is the City policy:
http://www.regina.ca/opencms/export/...d-graphics.pdf O'Hanlon's was quite unique as the City actually sold the sidewalk to the building owner. |
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It's okay though, they'll just go down south, open an S-Corp and realize it's a bloody flow through entity and they can't hold passive income or sprinkle either. Because that's not what corporations are designed for. Crazy! |
Granted, I'm in my late 20s, but all the doctors in my social circle are NDPers. Engineers and financial folks? For sure right wing, but every doctor I know is in it to save people.
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What I am saying if we have uncompetetively high taxes, some skilled and high tax paying people will make different choices. Not all obviously. The last time the dollar was low and taxes on high income earners were above 50% my personal family doctor moved to Louisiana and never returned. I have talked to other people who pay tax at the highest rates and some are looking at moving or retiring or investing elsewhere.
Many potential entrepreneurs, farmers and professionals may just choose to seek cushy government jobs rather than take risks. We can't all work for the government. Imposing $3 Billion in tax changes will have consequences. I disagree that this is just leveling the playing field. I actually support closing true loopholes, but not punitive changes. |
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As an aside, I'm an engineer/software developer and am quite progressive. I've actually started to lean more left as I get older, which I hear isn't typical of men. The more I learn about history and current events, the more I fear capitalism (and economic inequality) is reaching a point of unsustainability, which necessitates these kind of rational discussions to try and reign it back a bit before it collapses on its own. |
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https://www.thestar.com/opinion/comm...-tax-plan.html |
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His argument is primarily: income sprinkling is good and passive income is good. The only useful contribution is some comments on clarification of rules. |
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And I am not saying these things because I am a raving left wing socialist. I'm a small business owner myself and had some concern when this first came up, but when I researched the potential impact it wasn't that big of a deal. Mainly because I am not using the loopholes. Most of the other small business owners who take the time to understand the impact on them have come to the same conclusion. The ones who are vehemently opposed to any kind of tax increase are the ones raving about it. |
Whoo Hooo!
The rumours are true! We are thrilled to announce that Grassroots Restaurant Group will be opening a new restaurant in Regina early summer of 2018. We are excited to open the restaurant in the historical Canada Life Assurance Building located on 11th Avenue. We look forward to providing the city of Regina a great dining experience and being a part of the already growing culture and food scene of Regina. You don’t have to wait to experience our Grassroots Restaurant Group con...cepts as we’ll be hosting 3 pop up dinners in our new location featuring Ayden Kitchen and Bar, Little Grouse on the Prairie, and our newest venture Sticks and Stones. Please see links below for ticketing details and information. We look forward to servicing you Regina! https://www.picatic.com/AydenInRegina https://www.picatic.com/LittleGrouseInRegina https://www.picatic.com/SticksAndStonesInRegina See More https://external.fyxe1-1.fna.fbcdn.n...CJe0il41EUsmwd https://www.facebook.com/aydenkitchenbar/ |
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The sidewalks downtown are in brutal shape... I can’t believe the City’s made no effort (other than SW corner of 12th & Hamilton a few year back) to address any downtown sidewalks in 7-8years. They are uniformly an obstacle course of tripping hazards - loose paving stones, large chunks of concrete, random large holes, bolts sticking out, metal edging protruding at tire-slashing angles, metal plates with curled edges, etc. Since the City seems to have given up, why not offer them up to DT businesses... they have a vested interest in seeing these surfaces maintained. Restaurants might be more willing to invest in patio like Ohans & Cap, if they had more control/ownership over the sidewalk. |
Robins on Broad St near 1st Ave is closed. Heard they didn’t want to renew the lease. Any ideas of what will replace it? Timmies or even McDonalds is my guess.
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