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Capital gains tax 'last thing the Canadian economy needs,' say business groups
(ca.finance.yahoo.com)
this post was submitted on 18 Apr 2024
81 points (87.2% liked)
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Your comment seems reasonable until you actually question the details:
How would forgoing a capital gains tax benefit the working public? Any answer you give will basically be "trickle down" economics, which has been proven to not work. Giant corporations and obscenely wealthy individuals hoard capital like a greedy dragon, they certainly don't inject it!
EDIT: Of course they couldn't answer that one simple question...