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Taxing Capital Income Effective Rates and Approaches to Reform

Taxing Capital Income Effective Rates and Approaches to Reform

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later this month the capital gains tax in  Canada is changing here's what you need to   know hey guys it's Adrian here the Canadian  in a T-shirt and today I'll break down how   capital gains tax actually works and how these  changes will affect you there's been a ton of   confusion and misinformation on this topic and  frankly the government's done a pretty awful job   at communicating these changes for me I've got  mixed feelings but for this video let's leave   the politics out and just focus on facts and  numbers let's start with the basics and some   common misconceptions a capital gain is whenever  you sell an asset for a profit it could be stocks   bonds real estate even a business let's say you  buy a cottage for 400k years later you sell it for   600k you don't get taxed on the full 600k Only The  Profit the 200k difference that is your capital   gain and it gets better y

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