In Canada and many other countries,interest income has historically been taxed ________ dividends or capital gains from equity.

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In Canada and many other countries, interest income has historically been taxed more heavily than dividends or capital gains from equity. This is because interest income is considered to be an income from investment, while dividends and capital gains are considered as returns on investment. Hence, governments have often applied higher tax rates on interest income to encourage more investment in equity and to discourage debt financing.

In Canada and Many Other Countries,interest Income Has Historically Been