Yes, Profits Have Risen With Prices
This article originally appeared in Jacobin
This article originally appeared in Jacobin
For immediate release: June 25, 2024
13 June 2024
The capital gains exclusion loophole has unfairly advantaged wealthy Canadians for far too long. Since 2000, investors only pay taxes on 50% of their income from the sale of investments, while workers pay taxes on 100% of their earnings.
No matter how you spin it, it's not fair.
For immediate release: June 10, 2024
Much has been made of capital gains taxation since the government announced plans to reduce the tax break given to capital gains back in April.
The recent furor over the federal government’s capital gains tax increase has shone a light on the fact that, since 2000, the wealthiest Canadians have enjoyed a tax holiday on half of their income
What can be learned about the relationship between productivity and the capital gains inclusion rate by examining Canadian historical data?