Birdwatch Note Rating
2024-06-22 00:06:09 UTC - HELPFUL
Rated by Participant: 6C93AF11DDF082371C880B86CB9BF3604016FAD5B276BD88C8C0DCC81747DDB5
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
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