Birdwatch Note Rating
2024-04-17 00:30:02 UTC - NOT_HELPFUL
Rated by Participant: 206152B08F2B7E6241114D6560208A28C3E1932BC12D3592267E59E449C613CA
Participant Details
Original Note:
Canada's 2024 federal budget announces an increase of the INCLUSION RATE for capital gains from 50% to 66.7%, not the tax rate, which remains unchanged. An inclusion rate differs from a tax rate. For comparison, in the US, the inclusion rate for taxable capital gains is 100%. https://www.bnnbloomberg.ca/ottawa-moves-to-raise-inclusion-rate-on-capital-gains-taxes-in-2024-budget-1.2059842
All Note Details