Quote:
Originally Posted by Cowboy89
Capital Gains inclusion rate jumps from 50% to 66.666%. They expect to raise over $20Billion over 5 years from the measure. Income and sales tax rates expect to stay the same.
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* On anything over $250K of annual capital gains. Anything below stays at that 50% rate.
The government estimates it will apply to only 0.13 per cent of personal income tax filers and just 12 per cent of corporations.