Quote:
Originally Posted by Slava
Absolutely not. The thing with these windfall taxes is that when times are tough in those sectors, the government isn't stepping in. Look no further than energy. The government wasn't there in 2015 to provide assistance. In 2020 when the prices got slaughtered there was no assistance offered. So why should the government hammer them with taxes now that they've survived?
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That isn't true at all. The energy industry in Alberta has benefited from multiple government cash infusions and incentives.
https://www.cbc.ca/news/canada/edmon...tawa-1.5363218
Governments have stepped in multiple times to bail out companies. 2008 and Covid being two huge examples. Corporate socialism is alive and well. SMEs continue to fail while large companies are being propped up. I'd rather money flows directly to impacted workers rather than companies the next time a bailout goes down.