Tax
Expenditure Budget Estimates
What do they really tell us?
What do they really tell us?
Notes:
•Credit &
deduction: Combined with all other
gifts (ecological and cultural
gifts)
•Capital gains: Combined with publicly listed securities
(indiv) and cultural property
(corp)
•Capital gains
extrapolated from EGP data. Assumes ACB
value based on undisclosed
“historical” values
•Split gifts aren’t
accounted for at all
13
Estimate
Projection
2000
2003
2006
2008
Credit – Indiv.
1,495
1,825
2,390
2,640
Deduction - Corp
375 (13)
255 (10)
524(24)
422(12)
Indiv. Capital Gains
Exemption
19
6
27
46