House Votes on Capital Gains Tax
This is a news story, published by Global News, that relates primarily to The House of Commons news.
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•MPs will vote on capital gains tax changes in confidence measure - National | Globalnews.ca
70% Informative
The House of Commons will vote on the proposed changes to the capital gains tax that they announced in the spring budget.
Most Canadians who make more than $250,000 in profits in a single year from capital income will now pay more in tax on that income.
The move was widely panned by business groups and doctors, with the government saying it’s meant to ensure millionaires aren’t paying a smaller tax rate than middle-class earners.
VR Score
78
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82
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35
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