{"id":25846,"date":"2022-01-06T11:23:42","date_gmt":"2022-01-06T16:23:42","guid":{"rendered":"http:\/\/t3_rxigg8"},"modified":"2022-01-06T11:23:42","modified_gmt":"2022-01-06T16:23:42","slug":"guy-i-know-misunderstood-the-50-capital-gains-tax-and-is-convinced-the-government-will-literally-take-50-of-his-realized-capital-gains-if-he-sells","status":"publish","type":"post","link":"https:\/\/blog.andrewwbradley.ca\/index.php\/2022\/01\/06\/guy-i-know-misunderstood-the-50-capital-gains-tax-and-is-convinced-the-government-will-literally-take-50-of-his-realized-capital-gains-if-he-sells\/","title":{"rendered":"Guy I know misunderstood the 50% capital gains tax and is CONVINCED the government will literally take 50% of his realized capital gains if he sells"},"content":{"rendered":"<p><!-- SC_OFF --><\/p>\n<div class=\"md\">\n<p>Pretty much title.<\/p>\n<p>He works at Shopify and has a ton of Shopify stock as part of his compensation over the years.<\/p>\n<p>The other day he went on a 20 minute diatribe about how the liberal government is going to just yoink 50% of his capital gains. When I gave a puzzled look and said &quot;no&#8230; 50% of your capital gains are <em>taxable,<\/em> not taken from you&quot; he insisted he was right in his particular case. <\/p>\n<p>I&#039;m almost positive this is a WILD misunderstanding on his end, but just in case, before I berate him for his idiocy, is there <em>any<\/em> possible situation where long-term capital gains would be taxed at a rate of 50%?<\/p>\n<\/p><\/div>\n<p><!-- SC_ON --> &#032; submitted by &#032; <a href=\"https:\/\/www.reddit.com\/user\/Whiskeystring\" target=\"_blank\" rel=\"noopener\"> \/u\/Whiskeystring <\/a> <br \/> <span><a href=\"https:\/\/www.reddit.com\/r\/PersonalFinanceCanada\/comments\/rxigg8\/guy_i_know_misunderstood_the_50_capital_gains_tax\/\" target=\"_blank\" rel=\"noopener\">[link]<\/a><\/span> &#032; <span><a href=\"https:\/\/www.reddit.com\/r\/PersonalFinanceCanada\/comments\/rxigg8\/guy_i_know_misunderstood_the_50_capital_gains_tax\/\" target=\"_blank\" rel=\"noopener\">[comments]<\/a><\/span><a href=\"\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pretty much title. He works at Shopify and has a ton of Shopify stock as part of his compensation over the years. The other day he went on a 20 minute diatribe about how&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":24127,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[10],"tags":[],"_links":{"self":[{"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/posts\/25846"}],"collection":[{"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/comments?post=25846"}],"version-history":[{"count":0,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/posts\/25846\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/media\/24127"}],"wp:attachment":[{"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/media?parent=25846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/categories?post=25846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/tags?post=25846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}