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Author Question: Interest earnings from accumulated savings are subject to personal income tax in Canada. As a result, (Read 141 times)

campbellfam07

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Interest earnings from accumulated savings are subject to personal income tax in Canada. As a result,
◦ the interest paid on savings accounts increases.
◦ total national saving is higher than it otherwise would be.
◦ there will be more capital accumulated for the economy.
◦ taxes applied to this income are regressive.
◦ individuals have a reduced incentive to save.


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Marked as best answer by campbellfam07 on Oct 12, 2022

ElaneShive

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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campbellfam07

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)


lcapri7

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Reply 3 on: Yesterday
Excellent

 

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