Mark Carney is a decent chap, that’s plain enough to see. So we read his Value(s) book, in case we might agree. In all 528 pages, there wasn’t much on tax. So it left us more impressed by what his Value(s) lacks. ...
Canadians can weigh in on the government’s proposed changes to one of the most egregious and expensive tax loopholes – the stock option deduction.
OTTAWA – The tax expenditure report published today by Finance Canada reveals that the federal government foregoes over $24 billion in annual revenues from just four of the most regressive tax loopholes.
Canadians for Tax Fairness is encouraged the federal government is finally committing to limit the stock option deduction, one of Canada’s most regressive tax loopholes, but the budget misses out on other opportunities to tackle tax dodging.
OTTAWA – Canadians for Tax Fairness is encouraged the federal government is finally committing
Justin Trudeau and his Finance Minister Bill Morneau are in a tight spot. They’re facing an election in seven months and need to commit funds to the promises they made during the last election.
Media Release
October 16, 2017
OTTAWA – Morneau’s tax tweaks and small business rate cut announced
The Finance Minister announced that there will be tweaks this week to the closure of unfair private corporations tax loopholes. At the same time, a rate cut for small businesses has been announced.
Ottawa, September 27, 2017 – Over 14,000 Canadians from across the country have signed the message to Minister Morneau stating: “We support your reforms to start making the wealthy pay their fair share in tax. These loopholes have let a small group of very wealthy Canadians take advantage of a system that wasn't meant to be used as a tax shelter for the rich.“
Media Release
Canadians to Finance Minister: “We support your reforms.”
Momentum is growing as over 14,000 Canadians tired of anti-tax hype speak out.
La Coalition canadienne pour une fiscalité équitable appuie les efforts faits par le gouvernement fédéral pour éliminer les échappatoires fiscales qui permettent à certains riches du Canada de réduire l’impôt qu’ils paient en recourant à des entreprises privées.
Les échappatoires fiscales inéquitables accroissent l’inégalité et compromettent l’intégrité de notre régime fiscal et la capacité du gouvernement de financer l’infrastructure sociale et matériel nécessaire pour assurer la santé et la croissance de l’économie.
