Horror


#61

That’s totally fair! I just wanted to see if you would actually say.


#62

So how many holding companies do you have?


#63

Four. Well, three that are only for holdings and one that actually does some stuff. It’s not silly to have several here because the first $500k of income (as opposed to profit) is taxed only at 15% in Canada. We have among the lowest tax rates in the industrialized world, but if you go over that limit in income you pay a higher rate, and it’s easy to distribute money across the companies.


#64

So what does your company do?


#65

Ok so you dump money from one company into a holding company to keep from paying more taxes?


#66

I have two. One helps people get research money. Lots of grants for that here. The other is new and I have big hopes for it but it’s not making money yet. That one helps people build followers on social media.

That’s oversimplifying but that’s the basic idea.


#67

I saw it.


#68

Builds followers according to a persons interests?


#69

Some might call that tax evasion or a Trump/Kushner move.


#70

Yes. If you’re a Trump supporter and you want to be a famous pundit on Twitter, I can make that happen. I have 18 thousand followers myself on Twitter now, and all I post is variants on “Trump is an idiot”. I even have 17 thousand followers on Flickr but I like to think that’s due to people actually liking my photography. Anyway, I know how to make that happen and I am hoping to turn that knowledge into a profitable business.


#71

I personally don’t care about it. Everyone looks for the loophole.


#72

Right.


#73

Tell me about growing up.


#74

I saw the photo where you were raised. I’ve seen the church.


#75

What’s to tell? I did it. I grew up. Going to try sleeping now. Nice chatting, or posting, or whatever it was. :slight_smile: Nos vemos pronto.


#76

Nice dodge!


#77

Good night.


#78


I wonder if your business operates like this