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To: Kayaker who wrote (16127)1/8/2001 10:27:23 PM
From: SJS  Respond to of 24042
 
Yup.....I used to self-direct a nice 401K.

Now I manage a 201K.

Hoping it gets back to at least a 301K.



To: Kayaker who wrote (16127)1/8/2001 11:51:55 PM
From: Achilles  Read Replies (1) | Respond to of 24042
 
>>How are your capital gains taxes?<<

>Actually, they're pretty decent now. They were reduced 2x last year and now you pay your regular rate, on half the gain. Works out to about 25% max.<

Actually, the top marginal rate of income tax in Ontario now is 46%, which means that the maximum capital gains tax is 23%.



To: Kayaker who wrote (16127)1/9/2001 1:38:17 AM
From: pat mudge  Respond to of 24042
 
Works out to about 25% max.

Next question: wonder how many days a year you have to live there to qualify for Canadian taxes versus US. Think I could manage Whistler for six months plus a day or two? :)

Pat