Birdwatch Archive

Birdwatch Note Rating

2024-05-14 13:21:22 UTC - NOT_HELPFUL

Rated by Participant: 55D6AEE1E779B15CC735BB0CBD873706E85A95D9203BDAE272A495D415DBDA4F
Participant Details

Original Note:

The capital gains tax is not 50%. Capital gains are taxed at the marginal rate, with only 50% of those gains being included for taxation. The highest tax rate in Canada is 33%. https://www.canada.ca/en/revenue-agency/services/tax/individuals

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All Information

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