erikakaymendoza erikakaymendoza

21-03-2019
Business

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What are capital gains and how does the government encourage investing?

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MrCreighton MrCreighton

21-03-2019

Capital gain is a rise in the value of a capital asset (investment or real estate) that gives it a higher worth than the purchase price. The government encourages investment by setting the capital gains tax rate below the normal income tax rate.

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