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The Daily Chase: Capital gains tax change dominates budget aftermath [BNN Bloomberg (Canada)]

Amazon.com, Inc. (AMZN)  More Company Research Source: BNN Bloomberg
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
the biggest changes for the business and investor community is a change to the capital gains tax inclusion rate . Ottawa is raising the rate from 50 per cent of the gain above $250,000 being taxed to two-thirds. It's the first change to the capital gains tax regime in more than 20 years and it's hard to understate the significance of the move. Ottawa's numbers estimate the change will raise billions of dollars that can go toward paying for various social programs and housing initiatives, but the reaction from the business community has mostly focused on how much it will cost on the other side of the ledger, as a disincentive to invest in the economy. “We've got to figure out how to pay for all this stuff we're creating,” said Walied Soliman, the Canadian chair of law firm Norton Rose Fulbright, on BNN Bloomberg's The Close yesterday. “Creating new expenses and circumstances where we don't have the money doesn't work.” Mark McQueen, the founder of Wellington Growth Partners, says it's [Read more]

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Stockreport

The Daily Chase: Capital gains tax change dominates budget aftermath [BNN Bloomberg (Canada)]

Amazon.com, Inc.  (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
the biggest changes for the business and investor community is a change to the capital gains tax inclusion rate . Ottawa is raising the rate from 50 per cent of the gain above $250,000 being taxed to two-thirds. It's the first change to the capital gains tax regime in more than 20 years and it's hard to understate the significance of the move. Ottawa's numbers estimate the change will raise billions of dollars that can go toward paying for various social programs and housing initiatives, but the reaction from the business community has mostly focused on how much it will cost on the other side of the ledger, as a disincentive to invest in the economy. “We've got to figure out how to pay for all this stuff we're creating,” said Walied Soliman, the Canadian chair of law firm Norton Rose Fulbright, on BNN Bloomberg's The Close yesterday. “Creating new expenses and circumstances where we don't have the money doesn't work.” Mark McQueen, the founder of Wellington Growth Partners, says it's [Read more]

IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS