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Question about new capital gains tax.

curvluvr

Well-known member
Mar 28, 2017
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i hope the conservatives get into power and reverse this decision from the two dopes.

does anyone know if an rrsp contribution, provided person has room, can reduce this capital gains tax in the case where a person doesnt make an income from wages?
Yes, an RRSP contribution will reduce taxes from capital gains, regardless of your income from other sources. Your marginal tax rate will depend on the amount of capital gains.
 
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