Birdwatch Note Rating
2024-05-15 02:33:46 UTC - HELPFUL
Rated by Participant: 28DDE3BB795B64856C562DB79D8FB1359A86FA3EFAF5E8AE15D582B4263FB458
Participant Details
Original Note:
Capital gains inclusion rate will go from 50% to 66.67% on June 25 above $250k. This means that 2/3 of capital gains above $250k will be counted as income, which then will be taxed at your marginal tax rate. https://www.rbcroyalbank.com/en-ca/my-money-matters/money-academy/investing/investing-basics/federal-budget-2024-what-are-the-proposed-capital-gains-tax-changes-and-how-might-they-affect-me/
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