While big banks and massive corporations get special treatment, Trudeau is trying to rip money away from the small businesses that keep our community strong.
When you ask people to imagine why the economy is so rigged against working-class and middle-class people, the following three things are usually mentioned: Big banks, big corporations, and big government.
So, building an economy that is more free and fair means focusing on the three areas mentioned above.
Of course, it’s now abundantly clear that Justin Trudeau has no interest in creating an economy that is more free and fair for Canadian workers and Canadian families. He serves the elite, not the Canadian people.
As a result, Trudeau’s proposed “tax-reform” plan aims to bring in new revenue by going after Canadian small businesses.
It’s a disgrace, and it’s a betrayal of the very people who form the backbone of our economy.
The betrayal of Canadian small businesses
Here’s the issue with the Trudeau tax changes, as noted by the National Post:
The proposals are complicated, but in essence they tighten restrictions on three ways people can use private corporations to reduce their taxes: splitting income among family members, keeping investment income inside a corporation to take advantage of lower tax rates, and converting dividend income into capital gains.
But a wide range of professionals — doctors, farmers, plumbers, landscapers, convenience store owners, dentists, veterinarians, and many more — are set to take a big tax hit if the proposals go through, and industry groups have been organizing to fight back against the government’s plan.
Look again at who would be impacted: Doctors, farmers, plumbers, landscapers, convenience store owners, dentists, veterinarians, and more.
These aren’t big global corporations, these are regular Canadians running businesses, delivering services, and creating jobs in their communities. That’s the last group the government should be going after.
This betrayal of Canadian small businesses is even more disgraceful in light of the taxpayer money Trudeau has given to Bombardier, and the $35 billion infrastructure bank that gives massive power and influence to big banks – including foreign financial institutions.
It seems that in Trudeau’s Canada, the powerful get all the perks, while everyone else gets screwed over.
Funneling money to government elites
If Trudeau really wanted to raise more taxpayer money in a fair way, he would take action to close corporate tax loopholes that have let big corporations get away with paying about $5 billion less in taxes per year.
But you know that’s not what this is about.
This is about funneling more money towards government elites, giving more power to the state at the expense of Canadians. Meanwhile, the corporate elite remain untouched, and in fact benefit as government gets more powerful – since they have deep connections to the government.
Trudeau’s attack on Canadian small business shows that he doesn’t care about the people he is supposed to be serving, and is intent on using the government for the benefit of those who already have immense wealth and power – all at our expense.
The elites want to hide their many failures behind political correctness, deception, and manipulation. We need to push back and spread the truth.
That’s why I write.
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