About that capital gains tax ...
Venture capital companies, investment banks, & real estate sector together made 52.6% of all corporate capital gains from 2018 and 2022 and shed nearly 5,000 jobs.
"The vast majority of capital gains go to highest-income 1.5% of Canadian households and to corporations in sectors (like financial intermediation & real estate) that focus on buying and re-selling assets – not on production, innovation, or job-creation"
Centre For Future Work
https://centreforfuturework.ca/2024/08/18/capital-gains-tax-preferences-benefit-speculative-corporations-and-very-high-income-individuals/
Alison Creekside /
npub1sp…h3gwu
2024-08-19 16:46:56
Author Public Key
npub1spcsp3r5vmvaw5nx3rxfmtdymd5e7sdxvxdwpywspenzxzkpaqkqjh3gwuPublished at
2024-08-19 16:46:56Event JSON
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"content": "About that capital gains tax ...\nVenture capital companies, investment banks, \u0026 real estate sector together made 52.6% of all corporate capital gains from 2018 and 2022 and shed nearly 5,000 jobs.\n\n\"The vast majority of capital gains go to highest-income 1.5% of Canadian households and to corporations in sectors (like financial intermediation \u0026 real estate) that focus on buying and re-selling assets – not on production, innovation, or job-creation\"\n\nCentre For Future Work\nhttps://centreforfuturework.ca/2024/08/18/capital-gains-tax-preferences-benefit-speculative-corporations-and-very-high-income-individuals/",
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