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Old 09-22-2021, 02:59 PM   #111
mrkajz44
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Just a reminder that Canada already has an "estate tax" mechanism. When you die, you are deemed to dispose of all your assets at fair market value and you have to pay tax on all accrued gains to that point. To add another estate or inheritance tax on top of that would be overly punitive.

It's the US that has an estate tax problem where there is no deemed disposition of assets at death, and the exemption levels for the estate tax are pretty high.
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