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Did you just say Canadian capital gains is 66%? It's 66% now. That's just a high set. Two thirds. So if you make $100,000, your government takes 66,000. Basically, yeah. I can't breathe. I can't either. So that's a problem is there's no point really selling them if we're not going to gain a lot of money back. But I'll just. No, it's kind of like you're giving it all to the government. It's a disincentive to sell. Cue the make fun of Canada jokes. Okay, but wow. Ouch. I'm sorry, man. That changes everything.

Did you just say Canadian capital gains is 66%? It's 66% now. That's just a high set. Two thirds. So if you make $100,000, your government takes 66,000. Basica…

Ideas in this flowchart

  • Canadian Capital Gains Tax Discussion
  • Capital Gains Tax Rate
  • 66% Rate
  • Impact on Earnings
  • Earnings Example
  • $100,000 Earnings
  • $66,000 Tax
  • Disincentive to Sell
  • Low Net Gain
  • Government Receives Most
  • Reactions
  • Shock and Discomfort
  • Jokes About Canada
  • Impact on Decisions
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Did you just say Canadian capital gains is 66%? It's 66% now. That's just a high set. Two thirds. So if you make $100,000, your government takes 66,000. Basically, yeah. I can't breathe. I can't either. So that's a problem is there's no point really selling them if we're not going to gain a lot of money back. But I'll just. No, it's kind of like you're giving it all to the government. It's a disincentive to sell. Cue the make fun of Canada jokes. Okay, but wow. Ouch. I'm sorry, man. That changes everything.

"capital gains is 66%?"

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