VIDEO: Why Is Trudeau Denying Middle Class The Tax Protections His Family Trust Enjoys?


Opposition Leader Andrew Scheer exposes Trudeau’s empty rhetoric about “fairness,” pointing out that Trudeau’s millionaire family trust isn’t being impacted by his tax hikes.

As Trudeau tries – and fails – to defend his tax hikes on middle class Canadians, he’s desperately trying to tie himself to the idea of “fairness,” as if that will distract from his hypocrisy and dishonesty.

In Question Period, Opposition Leader Andrew Scheer exposed the emptiness of Trudeau’s rhetoric by asking why Trudeau’s family trust has tax protections the government is denying to the middle class.

Unsurprisngly, Trudeau had no good answer, instead running back to the safety of his “fairness” talking point. Watch the exchange below:

 

If you have trouble viewing the video, click here.

Trudeau’s lie about the middle-class taxes

Not only did Trudeau refuse to answer the real question, his claim to have cut middle-class taxes has been proven false. A new report has shown that the majority of Canadian middle class families are paying higher taxes under the Trudeau government.

The lies just never seem to end.

Spencer Fernando

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The elites want to hide their many failures behind political correctness, deception, and manipulation. We need to push back and spread the truth.

That’s why I write.

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4 comments Add yours
  1. The tax laws that apply to trusts apply equally to all be the testator/beneficiary a PM a Finance critic or any other Canadian.
    This is not the case with tax rates that apply to those who do not have a CCPC. These persons pay higher taxes.

  2. I can remember a saying from my military times which went along these lines: “You can slide farther on B.S. than gravel and it’s not near as hard on your boots.” It appears that Trudeau is out to prove that point, over and over and over.

  3. If you pay taxes on your gains, you should get refunds on your losses (up to the point that it equals your gains). If you have gain over your losses, it can be taxed at an agreed upon rate as “investment income” (but not at the same rate as “working income” – should be substantially lower than that, to encourage people to invest i.e 5%). Else people will leave it in the bank and not invest, as you could lose everything in the next month. Remember, that it is the investors that take ALL the risks. The government has to recognize that removing the “safety cushion” and the “incentive” to both work (create jobs) and invest (save for the future) requires a healthy balance. Investors will have losses against their capital, and need to recoup that over time or it makes investment (ie job creation, infrastructure) difficult to justify. It could perhaps considered to allow the losses and the gains to be carried over from year to year to year. If they have good years, pay high income taxes, but are not able to adjust to the spending trends, or the fad has faded for their product, they have taken all the risks (while being encouraged to do so by government run “Community Futures” programs) while the government is only interest to try to equalize the income without looking at the risk. The RISK is ALWAYS with the small business, they simply cannot avoid it. The government is ALWAYS at the receiving end of the the income generated by the small business; the RISK is NEVER with the government. The government will never refund a business that has a loss in one year after collecting as much as it can in the previous year.
    For small business to deal with government on jobs, is a huge risk, as the payment is very late in coming at times, putting them at the food bank waiting for the payment to come in (that’s an exaggeration somewhat), but not uncommon. It’s not uncommon for small businessman to not be paid and have to take out loans to keep paying their staff while waiting for bill payments to come in. They sometimes have to take collateral in exchange for payment, and have no cash flow. The cash flow is a huge issue for the small business; if you strip away the cash flow or access to cash, they cannot function.

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