Welcome to Canada, where you pay a federal sales tax so Prime Minister Justin Trudeau can cover the interest payments on his government’s credit card.
That’s literally what’s happening. Interest charges on Canada’s debt will be $54 billion this year. GST revenues will be $54 billion.
On top of soaring interest charges, the federal budget includes massive deficits, a tax hike, the doubling of the national debt, and no plan to balance the budget.
We break down what you need to know about the federal government’s 2024 Budget. All that and more in this week’s Canadian Taxpayers Podcast.
You pay too much tax because the government wastes too much money. U.S. President-elect Donald Trump announced the creation of a Department of Government...
News at the Top – Trudeau Raising Taxes (Again) The taxpayer takeaway for 2021: you’re going to be paying more, not less. Federal Director...
The Trudeau government pushed the federal budgets to historic highs and took on massive new debts, all in the name of fighting COVID-19. The...