Innovation will continue with or without capital gains tax hike

It’s unlikely that Bill Gates, Jeff Bezos, Steve Jobs, or any of their early-stage investors were fixated on the capital gains tax rate when they launched their businesses.

The current scare-mongering on capital gains is a needless distortion, but that doesn’t let Finance Minister Chrystia Freeland, pictured, off the hook, writes David Crane.The Hill Times photograph by Andrew Meade

Opinion

BY DAVID CRANE

May 20, 2024

TORONTO–There is a book that should be read by all those contending that the capital gains tax rate is a critical factor in driving innovation, and that its planned increase announced in Budget 2024 will lead to a massive brain drain, a freeze on funds to finance emerging ...

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