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Taxation of unrealized profits

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Harris Major Tax Commitment
Net assets (unrealized capital over $100 million) are subject to a minimum tax of $2,596
Top 0.9 high income earners apply minimum tax of 259
Corporate tax 2
2896
Expansion of existing child deduction plan
Marginal income tax rate increased to 44.696

If you buy a house and the price rises, you pay taxes.

If house prices fall, will there be a tax cut?

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