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Just because your name appears on a mutation record doesn’t mean you legally own the property. The Supreme Court has clarified that mutation entries are only for revenue and tax purposes and not proof of ownership or inheritance rights. In simple terms, mutation helps the government know who to...

12,094 görüntüleme • 6 ay önce •via X (Twitter)

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SHOULD GOVERNMENT BE ALLOWED TO TAKE PRIVATE PROPERTY? “People are waking up to the fact that the asset seizure tax is an elimination of private property rights, that fundamentally what you're saying [is] that private property now becomes public property. Because as soon as you give the government the right to collect your post-tax assets through a legislative vote, you are basically saying that you no longer have private property — because at any point in the future the government can vote to say I'm going to take your private property — which is different than an income tax. [An income tax] is when you earn something that you didn't have before, and they take a percentage of your earnings (of your income). The statement now is after you've made your income (it's now your private property) — they can come and take it. And so that is a distinction that has never existed in the United States. And I will make the retort right now to property tax, because people always say to me: ‘what about property tax?’ A property tax is a service fee on a particular, specific asset. The money that is collected provides services for that asset to make it more valuable. So you get roads, infrastructure, policing, fire, schools… All the stuff that comes with property tax makes that property [more valuable]. And you have the option at any point you want to sell that property and stop paying that property tax. You have the option at any point to downgrade your property and get a cheaper property and pay [a lower tax]. And here's the other important point about property tax: it’s uniform. Uniform means that everyone pays the same percentage, the same property tax rate in a county. This asset seizure tax that's being proposed is a demographic tax — meaning that the state or the legislature defines a specific group of individuals (in this case, they're saying anyone with a net worth over a billion dollars) and then they can go and take assets from only that group. That is nonuniform taxation. It means that for the first time we're saying based on the demographics of a person meaning whatever you want to use to define that person (in this case their wealth) — you are going to be treated differently. And that is different than an income tax, because remember when you have graduated income tax rates (and you say high earners get taxed more) — what you're taxing is the earnings, not the individual. You're not looking through to the individual to determine whether or not they're wealthy. All you're doing is looking at the independent earnings amount that's coming in. And so a uniformity clause is supposed to protect people from being demographically discriminated against. And you may roll your hand and be like: ‘Oh, who cares about the billionaires? Eat the rich. That's great.’ But fundamentally, you're giving the government, the legislature, the ability to in the future take any demographic definition they want and go in and take any percentage they want of after-tax property from you. That is why this is so troubling.” david friedberg The All-In Podcast

Ron Pragides 

258,567 görüntüleme • 5 ay önce

Drake doesn’t own his music” That’s false. • Pre-2018: UMG owns the bulk of the masters, but Drake still owns publishing and retains contractual/master interests. That’s real ownership, not zero. • Post-2018: Drake owns or co-owns his masters. UMG acts as a licensed distributor, not an absolute owner. That’s why Drake’s company has legal standing in court to claim streaming and licensing harm. If he “didn’t own his music,” he wouldn’t. “Contractual / master interests” — plain English It means Drake has legally enforceable rights tied to the master recordings, even if he does not own 100% of them outright. Let’s break it down clearly. ⸻ 1️⃣ “Master interests” This refers to any ownership stake or control connected to the sound recordings (the masters). You do not need to own 100% of a master to have a master interest. Examples of master interests: •Partial ownership (co-ownership) •Beneficial ownership (economic interest) •Reversionary ownership (ownership that returns after a term) •Approval or veto rights over certain uses •A defined share of licensing revenue So when we say Drake has master interests, it means: 👉 he has real, recognized rights in the recordings themselves, not just a paycheck. ⸻ 2️⃣ “Contractual interests” This means those rights exist because of contracts, even if the copyright registration lists another owner. Contracts can grant an artist: •Guaranteed revenue participation tied to the master •Audit rights •Control over licensing, sync, or exclusivity •Restrictions on how recordings are exploited •Rights that expand or revert over time In other words: •UMG may appear as the owner on paper •But Drake’s contracts limit what UMG can do and guarantee Drake’s stake That’s still ownership in the legal sense, even if it’s not exclusive. ⸻ 3️⃣ Why this matters legally (and in court) Courts don’t ask: “Who owns 100%?” They ask: “Who has ownership standing?” If Drake had: •only artist royalties, no ownership •no contractual master rights He could not claim economic harm tied to streaming or licensing. The fact that his company can assert harm means: ✅ he holds master-level contractual interests, not just royalties. ⸻ 4️⃣ Simple analogy (no music jargon) Think of real estate: •UMG = owns most of the building •Drake = owns a legally protected share + has rights over how it’s used UMG can’t act like Drake isn’t an owner just because they own more square footage. ⸻ ✅ Final, clean definition “Contractual/master interests” means: Drake has legally enforceable rights and economic ownership tied directly to the master recordings, even if he does not own 100% of them outright. That’s why saying “Drake owns nothing pre-2018” is incorrect.

stevonaj🧊

76,940 görüntüleme • 1 ay önce

Property tax bills are due today. Imagine if Ottawa forced Alberta to collect a big federal tax hike on provincial letterhead. That's how municipalities are treated with the Province's 57% property tax increase over four years. It's time to keep property taxes local, with clear accountability and transparency. Imagine if Justin Trudeau ordered Danielle Smith to collect a massive federal tax increase through Alberta's tax bill. She'd be furious. That’s exactly what’s happening today to Alberta’s cities, with today’s deadline to pay your property tax bill. Not many of you may know, but now upwards of half of your property taxes go to the provincial government, and not the town, city, or municipality you live in. The biggest increase on your property tax bill didn't come from City Hall. It came from the Provincial government. The Province imposed a 21 percent increase on your property tax bill, the largest property tax increase in Calgary's history. Over the past four years, it has increased the education property tax by 57 percent. By comparison, our Council held the municipal property tax increase to just 1.8 percent. That funds police, firefighters, roads, transit, parks, snow clearing, recreation centres, and the infrastructure that keeps Calgary moving. Because of the Province's education property tax equalization formula, Calgary homeowners are paying about twice the increase faced by Edmonton homeowners. Don't take my word for it. Here's how the Premier herself describes where a large share of your property tax goes. "If we're going to rail against equalization at the federal level, then we can't keep doing the same thing to our municipalities..." The Premier is right. If we're going to oppose equalization at the federal level, we shouldn't be doing the same thing to Alberta's municipalities. Property taxes are local taxes. They should stay local. The Province should fund provincial priorities through its other revenue sources, and municipalities should collect property taxes for local services. Thank you for supporting the City services that keep Calgary safe, moving, and growing.

Jeromy (Pathfinder) Farkas

70,144 görüntüleme • 9 gün önce