Quote:
Originally Posted by Shazam
Whatever "estate" you get will be taxed mostly at its highest marginal rate, which in Alberta is 48%, presuming you get something that's worth more than a hundred grand.
Is that enough of a wealth tax for you? Or would you like more?
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This is 100% not true. Most things like second homes and land will be taxed at capital gains rates on their appreciation, or half that 48%. Only registered accounts like rrifs would be taxed at that level if big enough.