Bifalgorithm post

If you have to pay a capital gain, then you actually can't keep your asset anymore, right? Because if you're being taxed at a 50% rate on 50% of your asset, then you actually have to liquidate 25% of the asset. And if that asset is a small family business, you're going to have to sell your business. And that's really bad, right? In a lot of ways, because turnover isn't always good for employees. You want to encourage people to be invested in their business, feel invested in their business, keep it in Canada. So that's actually part of why we do this. I mean, there isn't like there are some real issues when it comes to liquidity because you can't pay the government in shares of your corporation. Like that's not a currency we accept. Maybe it's something that they should look at, but it's not a currency that the government accepts.

If you have to pay a capital gain, then you actually can't keep your asset anymore, right? Because if you're being taxed at a 50% rate on 50% of your asset, th…