AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Tank Talks By Ripple Ventures
News Rundown: Federal Budget Review
Apr 17, 2024
Financial expert John Ruffolo and entrepreneurship advocate Matt Cohen discuss the implications of the federal budget on investors and founders. They focus on the increase in the capital gains tax, lack of appreciation for business owners, and potential negative effects on innovation and the startup ecosystem. The conversation explores next steps and solutions.
18:12
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Increase in capital gains tax poses a threat to innovation and productivity gains in Canada.
- Unfair targeting of successful individuals may drive talent and capital away from the country.
Deep dives
Taxation Increases and Impact on Entrepreneurs and Investors
The podcast delves into the recent budget changes, highlighting the increase in the capital gains inclusion rate, affecting individuals with profits above $250,000. This change is seen as a significant challenge for investors and founders who often face capital gains taxes when they sell their equity. The discussions emphasize the potential negative impact on entrepreneurship, with concerns about discouraging innovation and driving successful individuals away from the country due to perceived unfair taxation.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode