Connect with us
[the_ad id="89560"]

Business

“It’s going to be OK!” Sweet message of hope from one small business to all the others

Published

5 years ago

5 minute read

This message from the owner/operator of “Sweet Capone’s” has started to circulate in Central Alberta.  

It captures the essence of the struggle facing all small businesses today.  

It’s worth sharing with all those you know who are fighting to keep their business alive when they may not be able to flip the sign from “closed” to “open”.

I have often wondered what it was like for my grandparents and great grandparents. To have lived through, and endured the struggles that a world war presented. It couldn’t have been easy – to navigate the waves of fear and to not succumb to the panic that creeps in when uncertainty hits. They had to ration food and other goods. Here in Canada and living in the middle class of society no less, I am beyond fortunate. Emergency rationing of food and other items is not something I have ever had to do.

I also have not had to experience the painful dread of knowing that one, or all of my sons would be drafted and shipped off to fight in a war – when they are barely old enough to shave…. and never knowing if it would be the last time I would get to hold them close.

I also have not known a society where most of the male figures are away fighting or deceased, and women are left to keep things going on the homefront – both in and out of the home.

I have not known the terror of a dictatorship, and with it, have had all of my rights and freedoms completely stripped away. I have not known annihilating persecution, segregation and the many unspeakable horrors that many cultures have experienced in the face of war. Even to this day.

I have not lived through obliteration where my home and everything I valued has been demolished and torn apart.

I have not known these things. But what I do know is this: previous generations survived all of these things and went on to create a society in which they thrived. Expanded. Flourished. They must have, or else you and I would not be here otherwise. Our previous generations have shown us that weathering adversity produces good fruit. Opportunities open up where they once did not exist. Weaknesses are identified and stronger solutions are put in place. New inventions and ideas sprout fourth and become endearing to our way of life. We identify what we can live with – and conversely, what we can live without. We develop a deeper sense of appreciation through loss, and draw closer to one another in times of strife.

A dear friend of mine said today, “history is like a pond. Ripples only exist on the surface and get harder to detect with distance.” I think he is so right. We forget what previous generations went through and did for us when we allow fear to send us running in the opposite direction.

That pond? Those ripples? They didn’t just start on their own. Our grandparents and the generations before them, they jumped into the water. They dove into it, perhaps even head first! And when they did that, they sent out ripples of resilience, determination and strength that would one day reach us. If we stop running in fear and instead turn around and dip a toe in those calming waters, something amazing will happen. We will be refreshed, renewed and repurposed. And even greater still, we will create ripples of our own that will serve as messages of hope for all the generations to come after us.

As for us here at Sweet Capone’s, we will stay open and are happy to serve you in any capacity until we are unable. We love you, believe in you, and can’t wait to see the ripples that we will produce together when all is said and done!

Stay safe and see you soon!

Love Carina and Joel Moran (owners)

I understand panic – Dr. Abdu Sharkawy

Before Post

Related Topics:

After 15 years as a TV reporter with Global and CBC and as news director of RDTV in Red Deer, Duane set out on his own 2008 as a visual storyteller. During this period, he became fascinated with a burgeoning online world and how it could better serve local communities. This fascination led to Todayville, launched in 2016.

Follow Author

More from this author
Automotive / 6 days ago

Electric cars just another poor climate policy

Business / 2 weeks ago

Trump Tariffs are not going away. Canada needs to adapt or face the consequences

Duane Rolheiser / 3 weeks ago

Team Canada is driving us right into the arms of The Donald

Business

Trump eyes end of capital gains tax in 2025

Published on April 7, 2025

By

MXM logo  MxM News

Quick Hit:

In a historic announcement that rattled markets and reignited debate over tax policy, President Donald Trump revealed plans to eliminate the capital gains tax starting in 2025. The unprecedented move would allow Americans to retain all profits from asset sales—whether in stocks, real estate, or other investments. Supporters tout it as a bold pro-growth measure, while critics warn it may cause budget strain and market instability.

Key Details:

  • President Trump announced the elimination of capital gains tax effective 2025, describing it as a move to reward success and promote wealth-building.

  • Currently, capital gains are taxed at rates up to 20%, with additional surcharges for high earners.

  • The announcement caused a major rally across financial markets, though critics claim the change favors the wealthy and could disrupt the economy.

Diving Deeper:

At a press conference on Monday, President Trump laid out a sweeping proposal to eliminate the capital gains tax in its entirety, calling it a “long-overdue correction” to what he described as a punitive tax on prosperity. “Why should you be punished for building wealth?” he asked. “This is America—we reward success.” If enacted, the change would allow investors to retain 100% of profits from the sale of assets such as stocks, homes, and businesses, with zero tax liability.

This proposal marks a sharp departure from decades of entrenched U.S. tax policy. Currently, long-term capital gains are taxed at rates ranging from 0% to 20%, with potential surcharges including the 3.8% Net Investment Income Tax for high earners. Trump’s plan would zero out those liabilities entirely starting in the 2025 tax year.

Conservative economists and market analysts have lauded the move as potentially the most transformative supply-side reform since the Reagan era. They argue that removing the tax will unshackle trillions of dollars currently locked in unrealized gains, spurring investment, entrepreneurship, and broader economic dynamism. “This is a game-changer,” said one pro-growth advocate. “It sends a clear message that America is back to being the most investment-friendly nation on Earth.”

Predictably, left-wing critics erupted. One Democratic senator labeled the measure a “grenade” that would detonate the federal budget and widen the wealth gap. Others warned of asset bubbles and increased volatility as investors rush to dump assets ahead of the reform’s implementation. These concerns, however, do not seem to have spooked the markets—at least not yet.

The Dow Jones Industrial Average jumped nearly 600 points following the announcement, while cryptocurrencies surged on expectations of tax-free gains. Real estate portals and trading platforms like Robinhood and E*TRADE saw surges in activity as users began strategizing around the policy’s timing. Online, the announcement triggered a wave of memes and commentary. The hashtag #NoCapGains began trending on X (formerly Twitter), with some calling it a “wealth liberation act” and others denouncing it as “Robin Hood in reverse.”

Legislation to formalize the proposal is expected to hit Congress within weeks. While Republicans have largely expressed support, Democrats are preparing for a fierce battle. It’s unclear whether some establishment Republicans—many of whom have been resistant to bold reform under Trump—will help move the bill forward or slow-walk it in favor of more moderate compromises.

Until the law is officially passed, financial advisors are urging caution. “The promise of zero capital gains tax is tempting,” one planner said, “but don’t bet the farm until it’s signed, sealed, and delivered.”

Still, with the 2025 tax season approaching fast, the stakes are enormous. If passed, Trump’s plan would not only mark one of the most dramatic tax overhauls in modern history—it would redefine the very incentives that drive American investment and wealth accumulation.

Continue Reading

Business

Trump threatens additional 50% tariffs on China, urges ‘patience’

Published on April 7, 2025

By

From The Center Square

By 

President Donald Trump threatened to ratchet up tariffs against China after China upped its own tariffs against the U.S. in response to the president’s tariffs policy announcement earlier this month.

The Chinese Communist Party raised its tariffs on U.S. goods to 34%, ignoring Trump’s warning not to retaliate, which does not include Chinese tariffs on specific U.S. goods like natural gas.

That 34% figure matches the additional tariffs the president put on China in his announcement of the new tariff policy on April 2, an announcement that brought overall tariffs against China to 54%.

Trump argues that tariffs are not the only way China takes advantage of the U.S.

“Yesterday, China issued Retaliatory Tariffs of 34%, on top of their already record setting Tariffs, Non-Monetary Tariffs, Illegal Subsidization of companies, and massive long term Currency Manipulation, despite my warning that any country that Retaliates against the U.S. by issuing additional Tariffs, above and beyond their already existing long term Tariff abuse of our Nation, will be immediately met with new and substantially higher Tariffs, over and above those initially set,” Trump said in a statement online.

“Therefore, if China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th,” he continued.

“Additionally, all talks with China concerning their requested meetings with us will be terminated!” the president said. “Negotiations with other countries, which have also requested meetings, will begin taking place immediately.”

Trump also urged Americans to be patient with his tariff policy as stocks continued to decline.

The president unveiled a sweeping set of reciprocal tariffs during a press conference earlier this month, and since that announcement the markets have seen sharp declines.

“The United States has a chance to do something that should have been done DECADES AGO,” Trump said on TruthSocial, his social media platform. “Don’t be Weak! Don’t be Stupid! Don’t be a PANICAN (A new party based on Weak and Stupid people!). Be Strong, Courageous, and Patient, and GREATNESS will be the result!”

Democratic and some Republican critics have blasted the president’s tariffs, a policy previously foreign to the Republican Party in modern politics.

Trump has admitted there will be some pain but argued that the tariffs will reinvigorate domestic manufacturing in the U.S. and raise revenue for the federal government. He also says the tariffs will help the U.S. negotiate better trade deals with other countries, many of which currently charge steep tariffs against the U.S.

Critics argue the tariffs will increase prices for Americans and hurt the economy and U.S. trading relationships.

Trump and his allies have argued the U.S. has been manipulated and taken advantage of in the previous tariff system, all while manufacturing jobs were shipped overseas. Now, they argue, much of our manufacturing is done by one of our greatest adversaries: China.

“Countries from all over the World are talking to us,” Trump said. “Tough but fair parameters are being set. Spoke to the Japanese Prime Minister this morning. He is sending a top team to negotiate! They have treated the U.S. very poorly on Trade. They don’t take our cars, but we take MILLIONS of theirs. Likewise Agriculture, and many other ‘things.’ It all has to change, but especially with CHINA!!!”

Sen. Rand Paul, R-Ky., has helped lead the charge of Republicans who oppose the president’s new trade policy.

“Politicians should pay attention to the millions of investors who are worried that widespread tariffs will lead to a recession,” Paul wrote on X Friday.

Trump’s comments suggest that he is doubling down, not backing off, of his new tariff policy, likely part of the reason markets continued to slide Monday. Trump pointed to other signs of economic health, and his Treasury Secretary Scott Bessent has pointed out that the stock market is only one marker of the economy and one in which half of Americans have no stake.

“Oil prices are down, interest rates are down (the slow moving Fed should cut rates!), food prices are down, there is NO INFLATION, and the long time abused USA is bringing in Billions of Dollars a week from the abusing countries on Tariffs that are already in place,” Trump said. “This is despite the fact that the biggest abuser of them all, China, whose markets are crashing, just raised its Tariffs by 34%, on top of its long term ridiculously high Tariffs (Plus!), not acknowledging my warning for abusing countries not to retaliate. They’ve made enough, for decades, taking advantage of the Good OL’ USA!”

Continue Reading

Trending

X