Grappling7155@lemmy.ca to Canada@lemmy.ca · 1 year agoTrudeau says feds aren't primarily responsible for housing, but how responsible are they?www.cbc.caexternal-linkmessage-square40fedilinkarrow-up167arrow-down14file-textcross-posted to: canadapolitics@lemmy.ca
arrow-up163arrow-down1external-linkTrudeau says feds aren't primarily responsible for housing, but how responsible are they?www.cbc.caGrappling7155@lemmy.ca to Canada@lemmy.ca · 1 year agomessage-square40fedilinkfile-textcross-posted to: canadapolitics@lemmy.ca
minus-squaresbv@sh.itjust.workslinkfedilinkarrow-up4·1 year agoThe feds have made homes an investment with preferential tax treatment. Screw that. If you’re making over 250k on the sale of your house you can pay full capital gains on the rest of your profit.
minus-squareBedSharkPal@lemmy.calinkfedilinkarrow-up4·1 year agoEven the fucking USA only exempts a capped amount from capital gains.
The feds have made homes an investment with preferential tax treatment. Screw that. If you’re making over 250k on the sale of your house you can pay full capital gains on the rest of your profit.
Even the fucking USA only exempts a capped amount from capital gains.