81
Capital gains tax 'last thing the Canadian economy needs,' say business groups
(ca.finance.yahoo.com)
What's going on Canada?
๐ Meta
๐บ๏ธ Provinces / Territories
๐๏ธ Cities / Local Communities
๐ Sports
Hockey
Football (NFL)
unknown
Football (CFL)
unknown
Baseball
unknown
Basketball
unknown
Soccer
unknown
๐ป Universities
๐ต Finance / Shopping
๐ฃ๏ธ Politics
๐ Social and Culture
Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:
The capital gains increase is progressive, and only applies to the portion of gains that exceeds $250k. So, yeah, they're clearly an edge case, but they're not paying the increase on the whole sale price or anything.