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Letter: Mr. Trudeau, you donsa¹ú¼Ê´«Ã½™t have a tax problem

Kelowna letter writer says proposed tax changes are just a way for the government to raise money
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Prime Minister Justin Trudeau arrives to hold a press conference at the National Press Theatre in Ottawa on Tuesday, Sept. 19, 2017. THE CANADIAN PRESS/Sean Kilpatrick

To the editor:

The Trudeau government has proposed a tax on sa¹ú¼Ê´«Ã½˜richsa¹ú¼Ê´«Ã½™ incorporated businesses. This tax is of course simple political opportunism but will undoubtedly win Trudeau some votes.

By its own estimates this new tax will earn them between $500 million and $1.5 billion a year assuming that the impact on small businesses is negligible. (A highly unlikely scenario)

The federal deficit for 2017/2018 is projected to be 28.5 billion. Who is going to pay for the other $27 billion Mr Trudeau? The middle class?

Or is the budget just going to balance itself ?

Mr Trudeau you do not have a tax problem. You have a spending problem.

Peter Lutsch, Kelowna



About the Author: Black Press Media Staff

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