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Decentralized Democracy

House Hansard - 108

44th Parl. 1st Sess.
October 5, 2022 02:00PM
  • Oct/5/22 6:10:54 p.m.
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  • Re: Bill C-30 
Mr. Speaker, I would like to thank my hon. colleague, not only for sharing his experience but also for that thoughtful question. When the GST was first proposed in this country, by Conservatives and Liberals, the New Democrats opposed it, because it is a regressive tax. By definition, the 7% tax, as it was at the time, applied to everybody. When a young single mother making $20,000 a year pays the same tax in a store as a billionaire walking into the same store and buying the same object, it is clearly regressive, so bringing in a tax credit was an attempt to try to inject some progressivity back into the tax. In theory, the suggestion by my hon. colleague is a good one. We should be injecting progressivity into our tax system, so that the amount of money being paid in tax goes up commensurate with the amount of income being made.
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