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Decentralized Democracy

House Hansard - 330

44th Parl. 1st Sess.
June 12, 2024 02:00PM
  • Jun/12/24 2:49:06 p.m.
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Mr. Speaker, I know that the Liberals are demanding I stop asking questions. I can understand why; the finance minister has gone into hiding and stopped answering them. She has claimed that no one except the richest 0.13% will pay any new tax, but the greatest university economist in Canada, Jack Mintz, has reported that 1.25 million will pay. Let us not dispute who is right or wrong. Will the minister accept an amendment to her bill to ensure that not a single plumber will have to pay any extra taxes under this proposal?
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  • Jun/12/24 3:01:28 p.m.
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Mr. Speaker, the leader opposite cites electricians, carpenters and plumbers. I come from a family, as do many of us, of farmers and electricians and people who bring home a T4 slip at the end of the year. These people who earn an honest paycheque, what do they expect from their government? They expect tax fairness. We are asking all those who gain $250,000 on their investments in a given year, 0.13% of the population, to pay a little bit more. I do not know any electricians who are in that category.
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  • Jun/12/24 3:02:14 p.m.
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Mr. Speaker, if that were true, then the Liberals would be prepared to put in writing, in the law, that no farmer, fisher or electrician will pay any new tax under this increase. Will they?
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  • Jun/12/24 3:02:32 p.m.
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Mr. Speaker, what will be in the law is that anyone who makes a capital gain over $250,000 in a given year, the first $250,000 being exempt, 50% inclusion rate, will pay 66%. That is less than what Brian Mulroney asked them to pay. It gets us closer to the fairness that is being asked for by the electricians, the farmers, the teachers, the nurses, the fishers, the people in Canada who expect us to stand up for tax fairness, and against that.
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