Birdwatch Archive

Birdwatch Note

2024-05-14 02:48:57 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

The inclusion rate is 66%, not the capital gains rate. In Canada, only a percentage of the capital gain is ‘included’ to be taxed with your income tax. The marginal capital gains rate after $250k is closer to 33%. https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/personal-income/line-12700-capital-gains/definitions-capital-gains.html#InclusionrateIR

Written by 74ECCA3EF7448D3B980F9ED8F32F36B173B1F5628209B515C110E46F202C00D2
Participant Details

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• ID - 1790212676724899854
• noteId - 1790212676724899854
• participantId -
• noteAuthorParticipantId - 74ECCA3EF7448D3B980F9ED8F32F36B173B1F5628209B515C110E46F202C00D2 Participant Details
• createdAtMillis - 1715654937332
• tweetId - 1790089766341325279
• classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
• believable -
• harmful -
• validationDifficulty -
• misleadingOther - 0
• misleadingFactualError - 1
• misleadingManipulatedMedia - 0
• misleadingOutdatedInformation - 0
• misleadingMissingImportantContext - 1
• misleadingUnverifiedClaimAsFact - 0
• misleadingSatire - 0
• notMisleadingOther - 0
• notMisleadingFactuallyCorrect - 0
• notMisleadingOutdatedButNotWhenWritten - 0
• notMisleadingClearlySatire - 0
• notMisleadingPersonalOpinion - 0
• trustworthySources - 1
• summary
• The inclusion rate is 66%, not the capital gains rate. In Canada, only a percentage of the capital gain is ‘included’ to be taxed with your income tax. The marginal capital gains rate after $250k is closer to 33%. https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/personal-income/line-12700-capital-gains/definitions-capital-gains.html#InclusionrateIR