This is incorrect. 66% of your gain is taxed at your marginal rate.
The Canadian tax rate is lower than USA, even after this change
This is incorrect. 66% of your gain is taxed at your marginal rate.
The Canadian tax rate is lower than USA, even after this change
Correct, 66% of your capital gains over 250k are 'included' in your income for the purpose of calculating your income tax.
It's a 66% inclusion rate, not a 66% tax rate.
