Birdwatch Archive

Birdwatch Note Rating

2024-05-15 21:30:10 UTC - NOT_HELPFUL

Rated by Participant: 89A73731C0FCE3DE53E51DF53EEEBA405DE598D5D7EB08394729C50AB5677D9E
Participant Details

Original Note:

The 66% figure represents the *INCLUSION* rate for capital gains over $250k which is the amount of capital gains included in the overall income tax calculation for Canadians. Using the calculator linked shows a $300k capital gain could carry a tax rate of only 14.46%. https://wowa.ca/calculators/capital-gain-tax

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Original Tweet

All Information

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