Birdwatch Note Rating
2024-06-19 01:05:58 UTC - HELPFUL
Rated by Participant: 839751E9FD36A28C6E55752EFE803BD2D4B4332D9935E73D918E5C5F44CAD8FB
Participant Details
Original Note:
Budget 2024 announced an increase in the capital gains inclusion rate from one half to two thirds on the portion of capital gains that exceed $250,000 for individuals. The ultra-wealthy are considered to be those with over $30M in assets, not $250k in annual capital gains. https://www.canada.ca/en/department-finance/news/2024/06/capital-gains-inclusion-rate.html https://web.archive.org/web/20140208235637/http://www.wealthx.com/wealthxubswealthreport/
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