Recent changes to Canada's tax system, including a capital gains tax hike, have sparked a variety of reactions. The Toronto Star reported that this measure is seen as a step towards a fairer tax system, particularly for billionaires. However, the Liberal Party claims that the tax increase is intended to ensure that the ultra-wealthy contribute more, which would allow the government to deliver services across generations. In contrast, Pierre Poilievre criticized the move, suggesting that it would lead to tax collectors overreaching into provincial legislatures for carbon tax revenues, which he views as detrimental and divisive. Additionally, opinions in The Globe and Mail have suggested that if fairness were the goal, the government should have instead limited exemptions on capital gains from principal residences. There are also concerns about Canadians struggling with increased grocery prices under Trudeau's administration.
Opinion: ‘Day 1 of my own government would abolish income tax. Productivity in Canada would leap forward.’ Letters to the editor for April 29 https://t.co/LkBb6IXEf8
Trudeau now threatens to send tax collectors into provincial legislatures to grab up carbon tax revenues. His radical obsession with taking other people’s money divides our country & impoverishes our people. He’s not worth the cost. #AxeTheTax https://t.co/qeIhdeUG78 https://t.co/33jLJDeqM1
TERRAZZANO: Trudeau loots Canadians with capital gains tax hike https://t.co/hKUscyBYSt https://t.co/rTLHJMnK1m
Opinion: ‘If fairness had been the objective, the budget would instead have limited the exemption of capital gains on principal residences.’ Letters to the editor for April 28 https://t.co/iHuULokmpW
We’re ensuring the ultra-wealthy pay a bit more, so we can deliver for every generation. Pierre Poilievre would cut taxes for the ultra-wealthy and cut services for everyone else. https://t.co/ohWrktHplr
Canadians are STRUGGLING to afford Trudeau's grocery prices. https://t.co/HHRe78d2Jp
“Billionaires don't like Ottawa's capital gains tax hike, but you should: It's an overdue step toward making our tax system fairer” #fairness https://t.co/hXostpoKRi via @torontostar