The trouble with capital gains duty, and why we’re likely still stuck with them

The trouble with capital gains duty, and why we’re likely still stuck with them

- in Personal Finance
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Jamie Golombek: Remember, capital gains happen to be earned primarily by the rich

Canada’vertisements capital gains tax ought to be reduced or abolished as the number of countries have done, based on an economic note published in the week by the Montreal Economic Institute, an unbiased, non-partisan, not-for-profit research and educational organization.

“Investment capital formation is one of the foundations of monetary growth. Yet investment in The us has fallen 18 percent since 2014. Now that the gas industry boom is associated with us, it’s obvious which will Canada has a chronic challenge. The capital gains tax decreases the availability of capital, and helps it be more expensive for companies. Who winds up paying the price? Workers particularly, through fewer jobs and minimize wages,” explains Mathieu B

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