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How much can homeowners expect to pay after capital gains tax increase? (www.youtube.com)
submitted 2 months ago by small_crow@lemmy.ca to c/canada@lemmy.ca
15 comments fedilink hide all child comments

TL;DW

If it's your primary residence, zero.

If it's a revenue generating secondary property, an extra 20k for every 400k of gains.

I love that the "wealth manager" they interviewed is making such a big deal about how it will affect people who would never have need of his services because they'll never have wealth, let alone enough to need management. Playing up the "imagine being taxed because your mom died!" angle.

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[-] Croquette@sh.itjust.works 31 points 2 months ago

Imagine making 400k in gains and complaining about paying an extra 20k.

People complaining can get fucked. I

[-] a9249@lemmy.ca 6 points 2 months ago

The greediest people in the world hoard wealth; while the most generous have none.

this post was submitted on 19 Apr 2024
72 points (97.4% liked)

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