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"Under the new measure, people realising capital tax gains of more than C$250,000 ($180,804) will pay tax on the excess at a rate of 66.7%, up from 50% at present. Similarly, all capital gains realised by companies and trusts will be taxed at 66.7%."

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CaqKa 1y ago

What does this excess mean? Is that 66% of capital gains or is that 66% of 250k? Whats an average yearly wage there?

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