New Tax on mutual fund investors coming? | Financial Investment Services

A new tax on mutual fund investors called the HST (harmonized sales tax) may be just around the corner.  Read article   What will they come up with next?  The feds give us the TFSA (tax free savings account) one day, telling us its the best thing to come along since sliced bread, and then hit us with the HST.  If this happens it certainly won’t alter my investment strategies but most surely will affect annual returns.

 

I think in these trying economic times, we need less tax certainly not more.   Maybe they think the glory days in the market place are back and want to ensure they get their share up front.

 

Doug T……The mutual fund guy

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Author:
DougT
Time:
Monday, April 13th, 2009 at 11:27 am
Category:
Finance & Funds
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