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Old 02-25-2015, 10:22 AM   #73
darklord700
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Quote:
Originally Posted by I_H8_Crawford View Post
Garth Turner has a good blog about the TFSA issue, and I tend to agree with him on his position:

http://www.greaterfool.ca/2015/02/24/tax-this-2/
Don't agree with this position.

To build a $2.6M portfolio like the article suggested, your income has already been taxed once either as salary or business income. Only the growth in the portfolio is being taxed at 50%.

So how many times should our income be taxed? Is it a crime for people that save and invest smartly in this country?
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