Quote:
Originally Posted by darklord700
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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So what you're wanting is a way to invest and have the gains not taxable at all because the money you invested was already taxed once?
If that's what you're after, you're in luck. Its the TFSA.