Who do you invoice if, for example, you own a vending machine that sells chips and sodas for cash or contactless? Why couldn’t this be treated the same?
Canada just gives you a fixed amount of cash every year for the sales tax that they estimate that you paid on a regular amount of consumption (HST credit) which solved that problem.
I don't think it's fair that someone who earns $400k and spends $400k is paying roughly the same taxes as someone earning $400k and spending $100k. You should pay more taxes the more luxurious your life is, not the more productive you are.
Sure but price to income has never been lower if you're willing to move and work remotely (or retire on investment income) somewhere cheaper.
If you want to live in the best real estate in the world and expect to continue doing so when you have no job, that's not going to happen. If you're willing to adapt and spread out you can live better and freer than ever in a hypothetical world where AI has taken most jobs.
"Newcomers" to the rental market include every person who already lives in that city and hasn't moved out of their parents' house yet. Why should they be penalized even more for not being born sooner?
If they print enough money your other assets will go up (maybe enough to buy a house that has stayed flat in nominal terms)
This is basically the situation with housing in Canada actually, it's been down/flat in nominal terms since 2021 but if you owned US stocks during that time while waiting to buy then Canadian real estate is now much more affordable to you.
As a thought experiment would you not feel (much) poorer if houses suddenly cost >$5 million tomorrow and you didn't own one yet? Even if everything else cost the same? Even if everything else cost the same and your net worth went up $100k?