this post was submitted on 06 Nov 2025
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Eh... Even better to tax wealth or increase income taxes at higher tax brackets.
It's a shame that the Liberals backed off increasing capital gains inclusion above $10K (iirc?) to ⅔ instead of ½. That would have made a big difference on its own, and the cost to implement that change would be very low, presumably—people are already responsible for calculating their capital gains; this would just make it a 3-step calculation instead of a 2-step calculation.