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Capital gains tax 'last thing the Canadian economy needs,' say business groups
(ca.finance.yahoo.com)
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this post was submitted on 18 Apr 2024
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Don't forget you only get taxed extra if you realize all those earnings in the same year. So not only do you need to make more than 250k you also need to have a reason to take it out all at once rather than a little bit each year as you typically would if it were retirement income or something along those lines.