Evolution of Capital Gains Tax in Canada
This inclusion rate increased to 66.67% in 1988 and to 75% in 1990. This lasted about a decade and in February 2000, the rate was reduced down to two thirds, which lasted until October 2000, where it was dropped back to 50%, where it has remained to this day.
1988 Mulroney increased
1990 Mulroney increased
2000 Chretien reduced and reduced.
Notice anything?
Y2K?
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Chantal Hebert talked about it on the radio the other day, there are people who make 50k/year who are now convinced that their taxes will increase because of that…
I love Chantal Hébert. She’s one of my favourite parts of CBC election coverage. What a rad Canadian
Ooh, they a-scared
This is going to affect hard working Canadians (who make more than $250,000 a year in capital gains)!
It’s my belief that the guy is trying to be so embarrassing that he sweeps this video under the rug.
Feck. Can’t get that 3 minutes back. But, you’re probably right…
Imagine using an LLM for accurate numbers haha
