SMF - Just Installed!
Quote from: Lokmar on April 29, 2024, 09:32:32 AMThe biggest difference is when I smoked, I chose it. I wasnt bullied into it, I wasnt treated as an outcast if I didnt smoke, my job didnt insinuate that I might be fired if I didnt smoke.
Quote from: reaps the honest on April 29, 2024, 11:10:08 AMFreud acts like he's some high authority on these jabs lulz.
Quote from: TheProwler on Today at 04:11:55 AMThat video is misleading.
Historically, Capital Gains have only been taxed at 50% of the rate as regular income. So if you made $X in Capital Gains, you were taxed as if you have regular income of $X/2. Say your marginal tax rate was 30%. This would mean the effective tax rate on Capitals Gains was 15%.
This new rate of 67% is only applied on Capital Gains realized over $250K. Anything before that is still taxed at 50% of the tax rate you will pay on regular income.
In my province, the highest marginal tax rate (for provincial plus federal income tax) is 46.16%. So the most a person will pay on Capital gains is 23.08% on the first $250K, and 30.92% on the amount over $250K.
Make sense?
Quote from: DKG on Today at 07:23:28 AMI will. I will ride an electric scooter to my social worker job and donate to the adolescent trans mutilation liberation front.
Quote from: deadskinmask on April 29, 2024, 08:07:45 AMoh shit.... you think they're gonna let you buy salt AND pepper? you must plan on having one hell of a social credit score....I will. I will ride an electric scooter to my social worker job and donate to the adolescent trans mutilation liberation front.
Quote from: caskur on April 29, 2024, 08:07:51 AM Dr do not charge rich people more.I never said they did, did I. I was explaining how flat fees(as doctors charge in Australia and Canada for certain services) are fair, but a percentage of income charge with no ceiling is not.
Quote from: TheProwler on Today at 03:59:50 AMThat will not affect you, Senile Joe.It will affect doctors.
It will not affect many people.
Shit, it will only affect me if I have a really good year with my investments. And it only increase the tax on Capital Gains earned over and above $250,000.
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