Daily Beast: Elon Musk Biographer Seth Abramson Details Why He Thinks Billionaire Is ‘Going Mad’
The Harvard Law-educated biographer Seth Abramson speculated Monday that Musk might be “going mad” in a setting for all to see-brought on by his growing stress, history of mental illness, and self-described heavy drug use.
“I legitimately believe Elon Musk may be going mad,” he posted to X. “I’m a Musk biographer who has been tracking his online behavior for the last two years-and given that he’s admitted to all of mental illness, heavy drug use, and crippling stress, it is now reasonable to fear he is deeply unwell.”
CBC: Capital gains tax changes are in limbo. But the CRA is collecting new charges anyway
Some Canadians may be forced to pay higher capital gains tax for a year or two, according to business group.
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Even so, following government practice around tax change proposals, the Canada Revenue Agency has already begun collecting capital gains taxes at the new and higher rate.
“We could be in this weird limbo period for a year or two, driving uncertainty, which is super unfair to my members,” said Dan Kelly, president and CEO of the Canadian Federation of Independent Business.
The new Minister of Finance should tell Revenue Canada to immediately cease and desist from this practice.
Globe: Capital gains tax uncertainty leaves taxpayers facing two unappealing options
Prime Minister Justin Trudeau’s announcement that he will resign and prorogue Parliament heightens the uncertainty around the fate of the capital gains tax changes, with affected taxpayers potentially left to decide whether they’d rather risk overpaying the tax or facing interest and penalties later on, tax experts warn.
The Trudeau government said in its latest federal budget it would raise the portion of capital gains subject to income tax. Under the current rules, only 50 per cent of a profit on the sale of an asset such as stocks or real estate is taxable, meaning half of the gain is included in income tax calculations. The new proposal would push up that share to 66.67 per cent, though the higher inclusion rate would only apply to individuals for annual capital gains above $250,000.
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Conservative finance critic Jasraj Hallan Singh told The Globe and Mail in an e-mail statement that Conservative Leader Pierre Poilievre would not pursue the capital gains tax changes if he becomes the country’s next prime minister.
Prorogation, unlike the dissolution of Parliament, means politicians, including ministers, retain access to their rights and privileges. For this reason, Mr. Holland is being urged to secure the bilateral deals, which are viewed as a first step in rolling out pharmacare. Negotiations could begin after a law was passed in October.
Proponents of universal drug coverage say there is no time to waste to reach the deals because the situation is dire for individuals who cannot afford medications they need. They say some become very ill and even die because they are not able to access treatment for conditions such as diabetes.
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When asked Tuesday if they would amend or repeal the pharmacare law should the Conservatives form government, the party’s health critic Stephen Ellis, a physician who represents the Nova Scotia riding of Cumberland-Colchester, called the Liberal government’s plan “chaotic” and “expensive,” adding it could “jeopardize coverage” plans that are in place for 21 million Canadians.
“We will work with provinces to improve prescription drug access for Canadians,” he said in a statement.
Somewhat vague, hmm?
Globe: Meta to end fact-checking on Instagram, Facebook in bid to align with Trump’s policies
Meta Platforms Inc. is ending its fact-checking program and easing restrictions on content in a bid to reduce censorship as the company becomes more aligned with the incoming Trump administration.
The U.S. tech giant, which owns and operates Facebook and Instagram, announced Tuesday that its fact-checking program with independent third parties will be replaced with a community notes model similar to the model on X, where users can write and rate notes on posts with potentially misleading content. Meta said it decided to scrap the program because expert fact checkers had their own biases and too much content ended up being censored.
Little reason to remain with Facebook any longer as it turns into another sewer pipe like Twitter.
Simple Flying: China Certifies Its First All-Electric General Aviation Aircraft
China’s first Electric Aircraft has officially been certified by the State regulatory body. The RX4E is a light propeller aircraft that seats four people. It was developed by the Liaoning General Aviation Academy (LGAA) for use in areas with limited road infrastructure.
Last Updated: 07.Jan.2025 23:33 EST
