Quote:
Originally Posted by Doctorfever
https://torontosun.com/opinion/colum...eir-fair-share
On Thursday, the Trudeau Liberals brought in a new luxury tax on high-end cars, boats and planes.
It’s just their latest attempt to tax Canada into prosperity, which as Churchill said, is like a man standing in a bucket and trying to lift himself up by the handle.
Deputy Prime Minister Chrystia Freeland, who also holds the finance portfolio, defended the new tax Wednesday by once again falling back on the argument that’s it’s about people paying their fair share.
“I think it is great for Canadians to be successful. It is great for Canadians to be prosperous. I also think that people who are doing really, really well should feel comfortable supporting everybody else.”
Just another tax. Another tax that will unfortunately harm some industries. Costing jobs for working class people.
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Quote:
Originally Posted by SebC
In terms of harms to working class people, a tax on $100,000 cars and $250,000 boats is about the least onerous tax you could design other than a progressive income tax.
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Realistically, it isnt the fact that its a tax on Luxury goods that matters, its the fact that its just another tax.
We tax everything and its never enough, so they find another thing to tax.
Maybe its not the 'Revenue' side that we need to be concerning ourselves with?