Trudeau Destroyed the Canadian Tax System in just 8 Years

Trudeau Destroyed the Canadian Tax System in just 8 Years

Trudeau's eight years as a prime Minister have been disastrous for the Canadian tax system Trudeau's insane tax Policies made everything worse in Canada During these eight years even though Canadians demand Trudeau to resign he Continues his insane tax policies that Affect every single sector in Canada Negatively so let's explain the eight Years of Trudeau and what he has done to Canada during this period Trudeau's First year in 2016 was with a lot of Significant changes and scandalous Events at the start of the year he Warned the provinces and announced his Government's plan to set a minimum Carbon tax while environment ministers Were meeting in Montreal to talk about Carbon pricing options several provinces And territories were upset three Environment ministers left the climate Discussions after Trudeau's announcement In the House of Commons Brad wall the Premier of Saskatchewan called the Decision a betrayal of the promised Cooperative method and said the tax Would ruin his province's economy Trudeau basically told the leaders to Adopt a carbon tax or cap and trade plan Or else the federal government would set Its own tax at least $50 a ton by 2022 And give the money back to the provinces This happened while the liberal Government was arguing with the

Provinces about Healthcare funding and Showed Trudeau's intent to take control In areas where the provinces had more Freedom for the last 10 years under the Conservatives in 2016 Trudeau's first Budget removed many tax credits Introduced by the conservatives instead Focusing on bigger benefits programs For instance the children's fitness tax Credit and Children's Arts tax credit Were HED in 2016 and gone by 2017 Parental income splitting was also Stopped additionally a planned tax cut For small businesses was postponed Indefinitely but from the second year of Trudeau in 2017 it got worse in 2017 Trudeau faced criticism from upset Doctors at a town hall in Colona British Columbia the doctors were worried that Plan changes to the small business tax System unfairly targeted their Profession Monica Penner a local doctor Said that Trudeau was discouraging Medical students by limiting Tax Strategies they could use in the future To keep more of their earnings Trudeau Responded by saying the tax system Favors the richest Canadians too much We've seen data showing that while Incomes for the middle class have stayed The same for 30 years the richest 1% Have gained more and more he emphasized On Wednesday that his government would Stick to its plan to remove tax benefits

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That if believed unfairly helped some Wealthy small business owners then in The third year of Trudeau in 2018 it got Even worse that's when Justin Trudeau Promised over $2 billion a year in Carbon tax rebates as his Government Tried to show Canadians that pricing Pollution is the best way to stop Climate change Trudeau's approach to Reducing Canada's emissions was met with Doubt from different sides of the carbon Tax argument supporters of carbon Pricing said Canada's proposed Reductions were too small while critics Accused the government of think things Like trying to win votes or lying about The rebates actually covering the extra Costs families would face Trudeau argued That addressing climate change was both A moral and economic necessity to avoid Leaving future generations with severe Weather and widespread droughts this tax Added about $2 to the cost of a tank of Gas and $8 to a monthly natural gas bill The prices of various goods and services Also Rose due to the carbon tax paid by Businesses the government estimated that In 2019 to 20 people in affected Provinces would spend between $22 and $43 more on average because of The carbon tax in 2019 during his fourth Year in office Trudeau continued with His tax initiatives at this time Canada Introduced a significant carbon tax in

Four provinces that had resisted Ottawa's efforts to address climate Change leading to some unhappy Provincial leaders planning to challenge This tax in court Trudeau had previously Warned for 2 years that he would enforce This tax on any of the 10 es that did Not create their own climate Plans by April 1st Ontario Canada's most populous Province and crucial for the Liberals Chances in the upcoming October federal Election was among those opposing the Measure the carbon tax started at $15 Per ton of pollution and was planned to Increase by $7 annually until it reached $36 in 2022 this tax was also Implemented in Manitoba Saskatchewan and New Brunswick environment Minister Katherine McKenna announced on Twitter As of today it's no longer free to Pollute anywhere in Canada in 2020 During Trudeau's fifth year in office And after his reelection he faced one of His toughest years due to the pandemic His government announced big plans to Spend a lot of money on Child Care Housing and health care they plan to Help pay for these expenses by taxing Very rich people more as Canada prepared For a second economically harmful wave Of Corona virus we are at a turning Point and what happens next is up to us Trudeau said in a televised speech to The nation on Wednesday evening however

The opposition parties quickly rejected These ideas from the minority government Leading to rumors that another general Election might be coming soon this Process continued in 2021 during his Sixth year that's when Canada's highest Court confirmed that a carbon tax is Legal giving Trudeau a win since he had Made carbon pricing a key part of his Climate change strategy the Supreme Court of Canada in a 6 to3 vote Supported the federal government's Decision to enforce the greenhouse gas Pollution pricing act a 2018 law that Applies a carbon tax to individual Provinces chief justice Richard Wagner In the majority opinion stated that Strong Federal action was necessary to Address a global issue like climate Change Ontario Alberta and Saskatchewan Had challenged the carbon tax claiming It overstepped into their powers and Violated the Canadian Constitution However during his 7th year in 2022 These changes didn't stop Trudeau Introduced a one-time extra tax on can Canada's major Banks and permanently Raised their income tax rate according To freeland's budget this move would Make Banks and insurance companies pay An extra $4.8 billion in taxes over the Next 5 years the new taxes were almost Guaranteed to be put in place because Trudeau had gained the support of a

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Left-leaning opposition party to pass The budget however Trudeau's decision to Increase taxes on the financial sector Faced strong opposition from Business Leaders who argued that it would reduce The money available for loan And negatively affect how investors view Canada and last year was Trudeau's Eighth year as a prime minister and the Canadian economy is not doing that well After 8 years of Trudeau for example Trudeau warned grocery stores that they Might face new taxes if they didn't help Control Rising food prices he mentioned That leaders from the five biggest Supermarket chains including Walmart and Costco would be expected to come up with A plan to lower prices before Thanksgiving with his popularity Decreasing Trudeau also announced that The sales tax would be removed for Building new rental apartments to help With living costs after 8 years as Canadian Prime Minister Trudeau has been Criticized for his tax policies mainly Because people feel there hasn't been Enough Improvement in making taxes fair And reducing the tax load on the middle Class critics say that although he Promised to make the tax system more Fair the tax changes under his Government have often been too timid or Ineffective in closing the gap between The rich and the poor his approach to

Carbon taxes aimed at environmental Goals has also been controversial Critics argue that it unfairly impacts Lower and middle inome people without Giving them enough money back or other Forms of relief

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