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A lightweight object and a very heavy object are sliding with equal speeds along a level frictionless surface. They both slide up the same frictionless hill. Which rises to a greater height?
Average Tax Rate
The ratio of the total amount of taxes paid to the total tax base (taxable income or spending), showing the fraction of income or expenditure paid in taxes.
Capital Gains
The profit that results from selling an asset for more than its purchase price, often related to investments or real estate.
Non-Eligible Dividends
are dividends that come from earnings that have not been taxed at the general corporate rate, often receiving less favorable tax treatment than eligible dividends.
Marginal Provincial Tax Rate
The rate at which your next dollar of taxable income would be taxed, specific to the province in the context of Canadian taxation.
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