
What the 2024 federal budget means for you
The Decibel
00:00
Analysis of Changes in Capital Gains Tax and Revenue Generation
The chapter delves into the federal budget changes targeting wealthy Canadians and corporations, specifically addressing the adjustment in the inclusion rate for capital gains. By now taxing two-thirds of capital gains income for individuals and companies with profits exceeding $250,000, the government aims to raise substantial revenue for future spending initiatives.
Transcript
Play full episode