How Bad Is It That Canada's Economy Is Completely Dependent On Tax Policy?
Canada has gone down such a wrong road
Yesterday an announcement changing a Tax Policy was done to save the Residential Construction Industry
From a Tax Policy that killed the Construction Industry
2/
Which is fucking nuts!
We taxed the Housing Industry literally to DEATH: taxes, fees & levies were 30% of the price of a new home compared with 2% 30 years ago
Then the Government announces a TEMPORARY waiver of the taxes
1 Year for HST
3 Years for 50% off Development Fees
3/
And the Residential Construction Industry comes out of a Coma
But lets stop & realize just how incredibly BAD the whole thing really is
Tax Policy now rules Industry
In Manitoba Taxes were removed from Fast Food sold in Grocery Stores but remains on Restaurant Food
4/
What the hell sense does that make?
Does Manitoba hate Restaurants?
But this madness never stops
Endless tinkering with tax policy created an Industry of Tax Preparers
Accountants spend days learning new Business Tax Changes EVERY YEAR
Never any year without changes
5/
Look I understand we need taxes
Society needs services that Government's supply
But the size of Government & Taxation have grown MASSIVELY in the last 20 years
Same with Regulations
We need huge change to reduce Government & Taxes
We need it now before it's too late
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.