Thursday, March 30, 2023

the NDPLiberals are all about ever higher and higher taxes. But now they are going for "double taxation"

 I realize the NDPLiberals are all about ever higher and higher taxes. But now they are going for "double taxation". They're running out of things before they finally start taxing gains on principle residences


"...Until now, dividend income from Canadian equities has generally not been taxable for the banks since the companies that pay these dividends do so with after-tax income. Tax law is generally constructed to avoid tax being paid twice on the same funds..."

https://financialpost.com/fp-finance/banking/federal-budget-dividend-tax-would-hit-insurers

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