Why don't the Liberals not take a pay cheque for a year, or move their offshore accounts back to Canada, or stop being a member of the WEF?:
Canada’s aerospace and boating sectors are urging MPs toblock or revise a planned new luxury tax included in C-19, the government’s budget bill, warning it will hurt manufacturers and trigger widespread job losses.
The budget bill implements a Liberal Party campaign promise to slap a new tax on new cars and aircraft retailing for $100,000 or more and new boats sold for $250,000 or more. It is scheduled to take effect on Sept. 1.
Called the Select Luxury Items Tax Act, the new legislation is part of the 440-page budget bill, which is being studied by the House of Commons finance committee. Parliament is likely to pass the bill before rising for summer in June, but it is possible it could be amended based on the feedback from policy experts.
In recent days, MPs on the committee have been getting an earful from business and labour groups who would be affected by the tax. They say the government’s plan to target the wealthy may sound good in principle, but in reality, it will hurt a wide range of businesses and their employees who are part of Canada’s aviation or recreational boating sectors in areas such as manufacturing, parts supply or tourism.
(Sidebar: businesses that only a fraction of Canadians can afford now, anyway, but I digress ...)
You know, Kim Jong-Un still gets his luxuries.
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