The Chrétien and Martin Liberals reduced the capital gains inclusion rate from 75 per cent to 50 per cent.
capital gains tax
For most Canadians, capital gains do not show up in income or capital gains statistics.
Alberta’s personal income tax return relies on federally-determined income to calculate provincial income.
Capital flows to LSVCCs regardless of performance.
By eliminating capital gains taxes, the government could help strengthen the incentives for people to start and grow businesses.
Tax policy is the most efficient way to incentivize high-growth entrepreneurship and access to finance.
Demographics and Entrepreneurship blog series: Spurring entrepreneurship through capital gains tax reform
Capital gains taxes reduce the return entrepreneurs and investors receive when selling a new technology or business.
Ottawa and many provincial governments have increased already uncompetitive personal income tax rates.