Birdwatch Archive

Birdwatch Note Rating

2024-04-18 11:10:01 UTC - HELPFUL

Rated by Participant: 36E85A5220A8C42926F5F77A184EFF5607CB7699173C5AC20D0EFF3E1E2401B2
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Original Note:

Unlike Canada, the US has different tax rates for capital gains - so the concept of an inclusion rate is irrelevant. On average, capital gains taxes are about 50% lower than income tax rates in Canada. https://www.investopedia.com/ask/answers/052015/what-difference-between-income-tax-and-capital-gains-tax.asp

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