In Canada, capital gainswhich occur when assets are sold at prices greater than their earlier purchase priceare

Question:

In Canada, capital gains—which occur when assets are sold at prices greater than their earlier purchase price—are taxed at half the rates applicable to other income.
a. Who are the likely beneficiaries of this policy?
b. What are the likely effects on the of income and the allocation of resources?
c. Can you think of both equity and efficiency arguments supporting the special treatment of capital gains?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...