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To: Rarebird who wrote (112929)	11/8/2020 7:29:35 PM
From: Cogito Ergo Sum	Respond to of 116766

Similar.. but I come from a small biz background.. family sold a 'small' biz for many millions.. They all vote Liberal.. I am a black sheep in that regard,.. no party loyalty... but if what I believe makes me a Liberal .. You know what I believe.. I'm OK with that LOL I still would contemn ANY government that wastes tax dollars.. stripe irrelevant

To: Rarebird who wrote (112929)	11/9/2020 12:32:34 PM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 116766

Was thinking about that 400K yes in the market fine... same.. but as to cap gains.. here 50% are tax free and the remainder are taxed as regular income.. so I guess we are used to a higher rate.. and the 50% is lower than what it used to be when I was much younger:) So essentially if you are in the highest% bracket which you attain as a sum of the fed rate plus the provincial rate which varies by province u pay 46% where I reside in Ontario Federal Tax Bracket Rates for 2020The following are the federal tax rates for 2020 according to the Canada Revenue Agency (CRA): 15% on the first $48,535 of taxable income, and 20.5% on the portion of taxable income over $48,535 up to $97,069 and 26% on the portion of taxable income over $97,069 up to $150,473 and 29% on the portion of taxable income over $150,473 up to $214,368 and 33% of taxable income over $214,368 Ontario 2020 tax rates for example 5.05% on the first $44,740 of taxable income, plus…9.15% on the next $44,742, plus…11.16% on the next $60,518, plus…12.16% on the next $70,000, plus…13.16 % on the amount over $220,000. Jun 10, 2020 Between the market soaring and the vaccine news.. Mr. Trump must be extra pi$$ed ..