Quote:
Originally Posted by Shazam
I just knew somebody would chime in about the cap gains rate. I'm sorry for not explicitly stating it. Because holy crap I guess I should put in every ####ing qualifier when it comes to tax rates.
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Well, seeing as what most people will inherit is real estate and land it's pretty pertinent. And if you get mom's principal residence there will be zero tax in Alberta. So saying most inheritance will be taxed at 48% is pretty disingenuous.