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Alison Creekside /
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2024-08-19 16:46:56

Alison Creekside on Nostr: About that capital gains tax ... Venture capital companies, investment banks, & real ...

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/
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