Re: Federal Budget: Possible Elimination of Capital Gains Tax...
posted on
Mar 19, 2011 10:33PM
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I don't quite agree. If you have a very nice return on capital from SLI and are faced with a substantial capital gains tax, one's situation changes. With the new tax you could invest in diversified companies that pay nice dividends. Later when you are in hospital with a lot of tubes poking out here and there, quickly buy a very expensive house with your family as part owners, they will enjoy the space,+ +