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Old 08-19-2024, 08:35 PM   #13435
Harry Lime
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Why there shouldn't be opposition to the increase in capital gains tax. Yes, there could be some tweaking done.... but God the income disparity in this country is bad.

Quote:
The report says Canadians with an annual income of more than $250,000, representing 1.5 per cent of tax filers, earned 61 per cent of individual capital gains in 2021.
Quote:
According to his findings, the miscellaneous intermediation sector, which includes venture capital companies and investment banks, as well as the real estate sector, together made 52.6 per cent of all corporate capital gains reported in Canada between 2018 and 2022.

Meanwhile, these sectors shed nearly 5,000 jobs during that time period.
https://www.bnnbloomberg.ca/business...-years-report/
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