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TFSA Investors: 2 Stock to Earn Tax-Free Dividends

TFSA Investors: 2 Stock to Earn Tax-Free Dividends More on: Image source: Getty Images How much of what you earn goes in the CRA’s pocket? No matter your exact tax rate, your answer would most likely be “a lot.” And it’s true. While taxes in Canada don’t reach the height of taxes in certain European countries, they are certainly in the top tier around the globe. And even though every citizen understands that taxes are essential, it’s certainly not fun when they are taken out of your hard-earned money. That’s one of the reasons why tax education is crucial. Not only to help people realize how crucial taxes are to society and how they actually return to the public, but to inform people about deductions and credits. There are numerous ways to minimize your taxable income in Canada, and one of them is to start a tax-free dividend income stream from your Tax-Free Savings Account (TFSA).

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