Justin Trudeau Will Borrow $78 billion From the Bank of Canada & Hire More Government Tax Agents (CRA) To Harass Canadian Tax Payers if re-elected – September 1, 2021,
Quick reminder, Justin Trudeau is often called a Trust Fund baby, and a Trust Fund for those of you who don’t know is a tool people use to avoid paying certain taxes. The second thing I’d like to point out is that the real tax cheats are the people on WELFARE, they don’t work, they don’t contribute, they consume more than they produce and any sales taxes or other taxes they pay are the result of welfare cheques given to them for doing NOTHING.
Another reminder to Canadians who want to tax the rich, there is due process in Canada, and to be fair most of the rich already pay their fair share of taxes. I’m nowhere near as rich as the richest Canadians and I go out of my way to make sure I pay my taxes to the government, no rich person wants to be labeled a tax cheat, and even if the government believes it can tax the rich more, the rich have options, meaning if their tax bill is too high, they’ll leave.
Anyway, I can’t cure stupid, so if Canadians are dumb enough to fall for this crap, it’s on them, the scary part of Justin Trudeau’s platform is the following:
A re-elected Liberal government would also “significantly increase the resources of Canada Revenue Agency” in an effort to combat what the party calls “aggressive tax planning and tax avoidance” by the wealthiest Canadians, says the platform document
Liberal Party releases multi-billion dollar election platform for post-pandemic recovery | cbc.ca
Most of the current resources of the CRA go to harassing Canada’s wealthiest people, which is why most wealthy people go out of their way to hire the best and brightest tax professionals in Canada and pay their taxes, you’d have to be a really dumb rich person not to pay your taxes.
What Justin Trudeau won’t tell you is that most rich people don’t work for wages, , in fact, being that the Bank of Canada has near zero percent interest rates, it’s smarter if you’re rich to be in debt if a person is rich they can borrow a million dollars for the year, which the government can’t tax because that rich person hasn’t earned any income, no let’s say the interest owed on that million-dollar debt is $50,000, well not only can the rich person potentially write off that debt, they might even qualify for a government rebate.
The main reason the rich are getting richer is because of ZERO PERCENT central bank INTEREST RATES which are inflating asset prices and also assisting Justin Trudeau to borrow $78 BILLION dollars. Nobody asks where Justin Trudeau will get the $78 Billion dollars? They just assume the Federal government or Liberal Party has that money tucked away somewhere.
How it works for rich people is if the taxes are too high THEY LEAVE, now for those of you who don’t have the option of leaving Canada, the CRA will be turned on you namely those of you who own small or medium-sized businesses, that’s who these CRA agents are for. Those of you who pay the wage tax, you’ve waived your rights to write off expenses in exchange for higher taxes and a less complex T4 form, in which the government might still tax you more if you earn what Justin Trudeau deems is too much money.
Justin Trudeau’s platform if successful is exactly what’s wrong with financial education in our schools. The article below barely mentions Justin Trudeau’s platform, because it’s a horrible platform, instead, the writer of the post you can read below, spends most of their time attacking Erin O’Toole?
Anyone dumb enough to vote for Justin Trudeau wasn’t going to vote for Erin O’Toole anyway. The real tax cheats in Canada are the people who are WELFARE, when’s the last time they paid their fair share? They’ll be the real beneficiaries of all of this and that’s who Justin Trudeau is pandering to. Anyway, when the economic collapse happens I don’t want anyone to be confused as to the reason why.
Liberal Party releases multi-billion dollar election platform for post-pandemic recovery | cbc.ca
Interesting times ahead!