The president has repeatedly argued his multi-trillion social program – which increase funding for numerous fuderal programs involving education, healthcare and climate – will have no cost.
taxes
Proposed sidewalk tax a Canadian first
A Saskatoon-based citizens action group, Saskatchewanians for Sidewalk Sustenance, (SSS) is launching a province-wide public information campaign to demand the imposition of an annual fee for sidewalk use across the province.
Higher taxes could be in cards after cliffhanger election
Canada is likely to elect another minority government next week, with no party able to win absolute control of the House of Commons. That could be a recipe for higher taxes and more spending, according to National Bank of Canada.
$80 Billion in New IRS Funding Will Open Taxpayers Up to Harassment and Abuse
Tucked within the Democrats $3.5 trillion tax-and-spend plan is the largest expansion of the Internal Revenue Service in history. If the Left prevails, the agency will hire 87,000 new agents, more than double its current workforce, and receive $80 billion in new funding to audit and harass taxpayers including American families and small businesses.
Taxes remain largest expense for Canadian families
As housing and food prices continue to rise, many Canadians likely assume that these are the most expensive budget items for families. But in fact, the average Canadian family spends more on taxes than housing, food and clothing combined.
‘IT’S WHAT WE HAVE TO DO’: Liberal candidate says housing tax is coming
The Trudeau Liberals have some explaining to do on a hot button issue after one of their candidates said the party will be taxing people who sell their homes.
Justin Trudeau releases Liberals’ multibillion-dollar platform; includes 15% tax for high-income earners
Most of the new spending items in the platform have previously been announced by Liberal Leader Justin Trudeau on the campaign trail. However, the platform does include some promises that have not been previously mentioned. They include a minimum 15 per cent tax on high earners so that deductions and tax credits can’t reduce their tax obligations below that threshold.
Minister Guilbeault in arrears, owes the Quebec taxman
Heritage Minister Steven Guilbeault yesterday admitted owes Revenu Québec a five-figure amount in back taxes.
Guilbeault in a filing with the Ethics Commissioner declared “arrears due to Revenu Québec” under a Public Declaration Of Liabilities Of $10,000 Or More. The heritage minister was the only member of the 43rd Parliament to disclose unpaid taxes.
Trudeau promises to hike taxes on Canada’s big banks, insurance companies
Liberal Leader Justin Trudeau said today a re-elected government led by him would raise the corporate taxes paid by Canada’s “largest and most profitable” financial services firms to help pay for his promised multi-billion dollar housing program.
Vancouver considers doing what no North American city has done so far — charging vehicles to use the road
Over the last six months, Canada’s National Observer has been looking into what’s working and what’s failing in cities across Canada as they rise to the challenge of fighting climate change. In a 13-part series, we will be taking you across the country, province by province, for a look at how cities are meeting the climate emergency with sustainable solutions.
GOLDSTEIN: We pay more in taxes than on food, clothing, housing combined, says report
Despite a dramatic drop in government revenues last year because of the COVID-19 pandemic, the average Canadian family still paid more in total taxes than for the basic necessities of food, clothing and shelter, according to a new study by the Fraser Institute.
To reduce the deficit, Canadians want increased taxes on the wealthy and large corporations
In mid-July, the Broadbent Institute and the Professional Institute for the Public Service of Canada commissioned Abacus Data to conduct a national public opinion survey to explore attitudes and opinions about the federal deficit and the post-pandemic recovery.
Taxing the rich will allow the Liberals to send more money overseas.
Jack M. Mintz: Get ready for naughty little taxes
Our deficit-plagued federal and provincial governments are readying themselves with a host of potential tax hikes for an unsuspecting electorate. Most experts focus on the big taxes — income, payroll, property and sales — that may need higher rates to feed politicians’ insatiable appetite for public spending. But the taxes that show up more often are the naughty little ones that slip by without much reaction.
Canada to tax tech giants as planned despite framework G7 tax deal, says Freeland
Canada is proceeding with its plan to tax technology giants next year even as the world’s wealthiest democracies proposed a new global tax framework that includes plans to impose a levee on the firms, federal Finance Minister Chrystia Freeland said Saturday.
Freeland lauds G7 deal to tax multinationals, says corporations must pay ‘fair share’
In a tweet earlier on Saturday, Freeland said multinational corporations “need to pay their fair share of taxes,” adding that the G7 has now “outlined a path to make this possible.”