Jim Flaherty take note:
In China, they are trying to control a housing bubble. So they imposed a capital gains tax on sales of residential houses. There is a glitch, however. You don't pay the tax if you are divorced.
Guess what happened? Divorces are up.
Don't be too superior, in the end - the result is that same.
Posted by: eddy.canuck | March 07, 2013 at 12:14 PM