A big reduction in the capital gains tax will both turbocharge the economy and provide more revenue for Uncle Sam.

The Canadian Taxpayer’s Federation has filed an application for a judicial review of the Liberal government’s changes to the capital gains tax.

BetaKit reached out to other declared Liberal leadership candidates, including Nepean MP Chandra Arya, businessman Frank Baylis, Sydney—Victoria MP Jaime Battiste, and former Brampton MP Ruby Dhalla, for their stance on the capital gains tax rate changes but did not hear back by press time.