Grappling7155@lemmy.ca to Canada@lemmy.ca · 11 months agoTrudeau says feds aren't primarily responsible for housing, but how responsible are they?www.cbc.caexternal-linkmessage-square40fedilinkarrow-up167arrow-down14file-text
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 · 11 months agomessage-square40fedilinkfile-text
minus-squaresbv@sh.itjust.workslinkfedilinkarrow-up4·11 months 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-up4·11 months 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.