Burstar@lemmy.dbzer0.com to Canada@lemmy.caEnglish · 5 months agoWho’s telling the truth about the capital gains tax? | About Thatwww.youtube.comexternal-linkmessage-square30fedilinkarrow-up139arrow-down14
arrow-up135arrow-down1external-linkWho’s telling the truth about the capital gains tax? | About Thatwww.youtube.comBurstar@lemmy.dbzer0.com to Canada@lemmy.caEnglish · 5 months agomessage-square30fedilink
minus-squareBye@lemmy.worldlinkfedilinkarrow-up7·5 months agoThanks for the info, that makes perfect sense. Seems like a good idea to tax people making tons and tons of money at a high rate then!
minus-squareBurstar@lemmy.dbzer0.comOPlinkfedilinkEnglisharrow-up3·5 months agoIF it was forced to be in the 66% CG bracket $16.5k would be taxed at the previously posited 20% resulting in $3300 paid to government so it is a respectable jump in tax owed for those being subjected to it.
Thanks for the info, that makes perfect sense. Seems like a good idea to tax people making tons and tons of money at a high rate then!
IF it was forced to be in the 66% CG bracket $16.5k would be taxed at the previously posited 20% resulting in $3300 paid to government so it is a respectable jump in tax owed for those being subjected to it.