Birdwatch Note Rating
2024-05-14 20:05:43 UTC - HELPFUL
Rated by Participant: 583293E0B5F1244A1F5DC466150F0032E7CAECE3843E88319AD2BA031159E7F3
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/
All Note Details