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Increasing capital gains tax?

Increasing capital gains tax?

The average capital gains tax in developed countries is 19.55%.  With the budget this week by the Federal Government, it increases the maximum Capital Gains rate from taxing 50% on the gain, to 66.67%.  For high income earnings, who are at a marginal tax rate of 48%,...

Increasing capital gains tax?

Increasing capital gains tax?

The average capital gains tax in developed countries is 19.55%.  With the budget this week by the Federal Government, it increases the maximum Capital Gains rate from taxing 50% on the gain, to 66.67%.  For high income earnings, who are at a marginal tax rate of 48%,...