A senior member of Justin Trudeau’s government says an inheritance tax on Canadians would be one way of getting rich Canadians to pay more tax..Liberal MP Sean Fraser, parliamentary secretary to the finance minister, said the inheritance tax would help address income inequality in Canada, according to Blacklock’s Reporter..“Vulnerable Canadians can rest assured we will be there in their time of need to reduce income inequality, support them with their most basic needs in our communities, and if it requires us to ask the wealthy to contribute a little bit more, we will not be afraid to make that demand,” said Sean Fraser.. POLL: Many Albertans say they will ignore Christmas COVID lockdown .The MP for Central Nova, N.S., made the comment Monday during a House of Commons debate on tax policy..Parliament abolished the Estate Tax Act in 1971..Fraser said taxes were raised from 29% to 33% four years ago on Canadians earning $217,000 or more..“This is a theme that has really been a golden thread throughout the various policies we’ve adopted over the past five years,” said Fraser..“But the inequities that exist within the economy have been made more readily apparent by the ongoing pandemic.”.Dave Naylor is the News Editor of the Western Standard.dnaylor@westernstandardonline.com.TWITTER: Twitter.com/nobby7694
A senior member of Justin Trudeau’s government says an inheritance tax on Canadians would be one way of getting rich Canadians to pay more tax..Liberal MP Sean Fraser, parliamentary secretary to the finance minister, said the inheritance tax would help address income inequality in Canada, according to Blacklock’s Reporter..“Vulnerable Canadians can rest assured we will be there in their time of need to reduce income inequality, support them with their most basic needs in our communities, and if it requires us to ask the wealthy to contribute a little bit more, we will not be afraid to make that demand,” said Sean Fraser.. POLL: Many Albertans say they will ignore Christmas COVID lockdown .The MP for Central Nova, N.S., made the comment Monday during a House of Commons debate on tax policy..Parliament abolished the Estate Tax Act in 1971..Fraser said taxes were raised from 29% to 33% four years ago on Canadians earning $217,000 or more..“This is a theme that has really been a golden thread throughout the various policies we’ve adopted over the past five years,” said Fraser..“But the inequities that exist within the economy have been made more readily apparent by the ongoing pandemic.”.Dave Naylor is the News Editor of the Western Standard.dnaylor@westernstandardonline.com.TWITTER: Twitter.com/nobby7694
