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Decentralized Democracy

House Hansard - 42

44th Parl. 1st Sess.
March 21, 2022 11:00AM
Context: House Hansard - 42 - Mar/21/22
Mr. Bernard Généreux
  • Mar/21/22 1:11:02 p.m.
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Madam Speaker, my colleague and I have a totally different view of this. I do business. When I sell a product to someone, I try to sell it to them at the best possible price and under the best possible conditions. Inevitably, the tax or the surtax—I read it—proposed for banks, insurance companies and others will be passed on to consumers. It is completely ridiculous to think otherwise. Does my colleague really believe that these companies will not pass on the surtax to consumers? They will automatically raise their prices by 3%, there is no other way. The surtax will inevitably be passed on to consumers. The goal, however, is not to tax consumers directly, but the big banks.
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Context: House Hansard - 42 - Mar/21/22
Mr. Alistair MacGregor
  • Mar/21/22 4:54:07 p.m.
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Madam Speaker, I find it quite funny that Conservatives would regard a tax on profits of over $1 billion to be a “poison pill”. I would love for the Conservative candidate in the next election in Cowichan—Malahat—Langford to explain to voters how that is a poison pill. The argument that companies are just going to simply pass these on to consumers is simplistic and does not reflect reality. Conservatives need to ask themselves why they continuously vote against measures that are trying to level the playing field and ensure that working families can get ahead.
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