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wisely wellness chocolate

COVID-19 crisis and economic downturn

Capital Gains Tax Hike Would Cripple Investment

on May 26th, 2020 by The Afro News

Increasing the federal tax would be anti-investment, anti-entrepreneurship, anti-innovation and anti-green At a time when the country faces momentous economic challenges, it’s hard to think of a more damaging policy than a capital gains tax hike. Yet rumours persist that prior to the COVID-19 crisis and economic downturn, that’s exactly what the federal government planned to do.

Filed under: Business, Canadian News, Finance, Opinion/Comment, Point of View, The Bridge Tagged as: Capital gains happen when assets are sold, COVID-19 crisis and economic downturn, Entrepreneurs and their investors risk their own capital, Increasing the federal tax would be anti-investment
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