Freeland said capital gains taxes should be lowered and people responded rationally.
this post was submitted on 07 Feb 2025
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The reality is that the rich have ways of making gains look like losses on paper. Capital gains taxes mainly hurt people who can't afford an accountant.
Just to be clear - this increase on capital gains only effects gains after the first 250k of gains annually.
If you have capital gains in excess of 250k you can afford an accountant.
Good point.