Q: Hi:
I have heard that the Federal Liberals are going to increase the tax on capital gains to 75% of the gain vs the present 50% of the gain in their upcoming budget. This was tried years ago but it was shown that no additional tax revenue resulted. Have you heard any of these rumours?
Thanks: Jerry
I have heard that the Federal Liberals are going to increase the tax on capital gains to 75% of the gain vs the present 50% of the gain in their upcoming budget. This was tried years ago but it was shown that no additional tax revenue resulted. Have you heard any of these rumours?
Thanks: Jerry