BREAKING: #Canada increases capital gains tax to 66%!

Governments are out of control. Prepare yourself.

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WTAF?

Time for speculators and #pricecucks to pay their fair share. 🤣 The secret of #Bitcoin - ers is that they never sell.

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Do people not understand Fidel Castro was a communist? Obviously his son is going to pull the same shit.

66% might as well be 100% 🤮🤮🤮🤮🤮

Not to defend anything but this is incorrect and as bitcoiner we must be more honest than them

This have been misunderstood everywhere. The 66% is the 'taxability' of the capital gains. In Canada not all the capital gain in taxable. It used to be 50%. Let's round up the top income tax rate at 50%, the cap gain tax use to be 25% if you hit the highest income tax level. Now it's 33%. Still insanely high and a communist place

Good context.

Still, making buying low and selling high illegal unless you give them a cut is outrageous.

People will stop saving for retirement in traditional retirement account. Owning metals would be wise decision.

🤯

wait for RWAs. then it gets really ugly.