Liberal Minister: “Wealth Inequality” tax to help pay for COVID

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Mona Fortier

The Liberal government says they intend to tax the rich when it comes to paying for the COVID-19 costs.

In an interview with Sault Online, Minister of Middle Class Prosperity and Associate Minister of Finance Mona Fortier explained what the government has done to this point.

She also made note going forward targeted investments will be made to help the economy rebuild.

When asked about how the government intends to pay back the money it has already spent, she pointed out two possible new income sources.

“This includes also identifying additional ways to tax extreme wealth inequality, including by concluding work to limit the stock option deduction for wealthy individuals at large and established corporations,” said Fortier. “Also addressing corporate tax avoidance by digital giants.”

The government intends to release an update this fall to the COVID emergency response plan.

It will outline the economic and fiscal positions as well as provide projections.

“Right now is not a time for austerity, the Prime Minister was very clear. We will continue to make these investments so Canadians don’t have to shoulder that,” said Fortier.

They want to make sure Canadians do not have to choose between paying their bills and putting food on the table.

3 COMMENTS

  1. Wealth Tax is just a Marxist-Leninist ,Communist plan to redistribution of wealth.What a stupid idea it has failed in other countries .It is part of the Communist Liberal Party to control the Economy and the people in their Cradle to grave mentality .They already control us with Universal Healthcare, CPP,OAS,social assistance.Keep Canadians on reliance of Government funding with monthly suppliments to EI ,CERB.Giving workers the money to not to work with these big handouts.Majority of people want to work.The government instead sending Workers to college to upgrade their skills and retrain them for trade jobs that are needed.

  2. “Right now is not a time for austerity, the Prime Minister was very clear. We will continue to make these investments so Canadians don’t have to shoulder that,” said Fortier.
    Best two sentences on Liberal ignorance and distortion ever! Yes, austerity will be for the next rational government – Conservative – to shoulder the burden of these grasshoppers. Better yet, is next sentence “We” meaning the Liberal Ottawa dictatorship will shoulder the burden instead of Canadians. Just whom do these fools think will pay the taxes to cover the unprecedented massive debt they are creating? Guess Canadian taxpayers don’t count as Canadians in their fantasy world.

  3. Tax Canadians and promptly give that money to other countries as opposed to how the revenue was intended, that’s the Liberal way.

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