2 ms·
I'm pretty sure you misunderstood. I believe canada taxes half your capital gains as regular income. Frankly, seeing the number of wealthy folks in the US pay
by wing-_-nuts 6y ago
I'm pretty sure you misunderstood. I believe canada taxes half your capital gains as regular income. Frankly, seeing the number of wealthy folks in the US paying lower tax rates than the plumber that fixes their toilet, maybe it's a better system.
- fossuser 6y agoYep I was wrong (and this is good to know!). It looks like it's a lot better than I thought, but probably still worse compared to US long term capital gains tax in most cases. Thanks for pointing this out. (I think tax incentives for growth are good for society, but that's somewhat of a tangential discussion).