Birdwatch Note Rating
2024-06-20 19:18:46 UTC - HELPFUL
Rated by Participant: 5C1127A947C02672D78B2A063558D171F58C2C0B30A695FA1D126BCE8B7EF0D1
Participant Details
Original Note:
This statement is false. Canada has progressive income tax rates - marginal tax rates are higher for higher income earners. Any conversation on capital gains earnings must factor in the tax already paid on income that was invested as capital. https://www.canada.ca/en/revenue-agency/services/tax/individuals/frequently-asked-questions-individuals/canadian-income-tax-rates-individuals-current-previous-years.html
All Note Details