New Lib­eral Tax on Em­ployee Dis­counts Will Tar­get the Work­ing Class

The Miracle - - Politics - By: Daniel Dickin

Ottawa, On­tario— Con­ser­va­tive Shadow Fi­nance Min­is­ter, Pierre Poilievre, to­day con­demned Justin Trudeau’s new tax on em­ployee dis­counts, a plan un­cov­ered by Globe and Mail re­porter, Camp­bell Clark, who pub­lished an email he re­ceived from a CRA of­fi­cial con­firm­ing the new rule. Un­der the new rules, lo­cal busi­ness own­ers will now need to track each time a wait­ress gets a dis­count on food or a shoe sales­men gets 10% off on footwear, so the govern­ment can tax th­ese work­ers on “the fair mar­ket value of the mer­chan­dise pur­chased, less the amount paid by the em­ployee,” ac­cord­ing to the Canada Rev­enue Agency’s “fo­lio”. “When the Lib­er­als said they would go af­ter ‘wealthy tax cheats’ this is what they meant: hard-work­ing wait­resses hav­ing a pizza at mid­night af­ter an eight hour shift or a fit­ness trainer who gets a gym mem­ber­ship with his job,” said Poilievre. “Now lo­cal busi­ness own­ers will need to track all of th­ese dis­counts so the govern­ment can charge higher taxes to low-in­come wage earn­ers.” While the Re­tail Coun­cil warned the Fi- nance Com­mit­tee about the change in Septem­ber, most MPs be­lieved it had to be a mis­taken in­ter­pre­ta­tion, un­til to­day. “This lat­est Lib­eral tax in­crease will tar­get those who can least af­ford to pay more. Mean­while, Prime Min­is­ter Justin Trudeau’s ‘fam­ily for­tune’, as he likes to call it, will be un­touched once again.” “If the govern­ment wants to tax the dif­fer­ence between the ‘fair mar­ket value of the mer­chan­dise pur­chased’ and the price paid, then per­haps that rule should ap­ply to the Prime Min­is­ter. Justin Trudeau and his fam­ily en­joyed thou­sands of dol­lars of va­ca­tion ben­e­fits paid by wealthy friends and he should pay tax on that price dis­count.” “The Lib­er­als can­not sim­ply blame this de­ci­sion on the CRA. The Prime Min­is­ter has set the tone. By at­tack­ing our lo­cal busi­nesses and fam­ily farm­ers, and call­ing them tax cheats, he has un­leashed the tax col­lec­tors to hound all hard­work­ing Cana­di­ans for more money.” “There is an al­ter­na­tive, Prime Min­is­ter: get govern­ment spend­ing un­der con­trol, so you will no longer need to pick the pock­ets of work­ing peo­ple,” con­cluded Poilievre, who pledged to con­tinue the fight against this and other tax in­creases on the floor of the House of Com­mons.

Newspapers in English

Newspapers from Canada

© PressReader. All rights reserved.