Undemocratic tax hike will kill Canadian jobs: Taxpayers Federation
The CRA must immediately halt its plans to enforce this unapproved tax hike, which threatens to undemocratically take billions from Canadians and cripple our economy
By Canadian Taxpayers Federation Devin Drover, Atlantic Director, Canadian Taxpayers Federation—— Bio and Archives--January 13, 2025
Canadian News, Opinion | Comments | Back To Full Article
ST. JOHN’S, N.L. – The Canadian Taxpayers Federation is demanding the Canada Revenue Agency immediately halt enforcement of the proposed capital gains tax hike which is now estimated to kill over 400,000 Canadian jobs, according to the CD Howe Institute.
“Enforcing the capital gains tax hike before it's even law is not only undemocratic overreach by the CRA, but new data reveals it could also destroy over 400,000 Canadian jobs,” said Devin Drover, CTF General Counsel and Atlantic Director. “The solution is simple: the CRA shouldn’t enforce this proposed tax hike that hasn’t been passed into law.”
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