The cat is out of the bag. After the indecent stripping of the last few weeks, we now know how the Trudeau government will finance its various electoral misdeeds.
Let go of our pockets!
You have worked hard, you are not lucky enough to have a retirement fund like those of state civil servants and you have therefore invested your money in a duplex or triplex to finance a possible well-deserved retirement? The federal government judges that 66.6% of the capital gain that you will make is due to it.
The government is therefore stealing from Canadians’ investments to pay for initiatives that do not even fall within its jurisdiction. Nothing seems too good, too big, too indecent for a government addicted to spending. He chooses to jump headlong into his citizens’ savings and retirement plans to finance an orgy of spending that is as irresponsible as it is disrespectful.
Taxa, taxa, taxa
The debt continues to grow and the deficit reaches $40 billion this year. Debt service, that is, just the interest that must be paid on what is borrowed, the equivalent of the interest on your credit card, alone costs us collectively $54 billion per year. This is more than all the goods and services taxes (GST) we pay at the grocery store, the pharmacy, the gas station and all taxable products per year (51.5 billion dollars). Absolutely surreal!
My eye
The government can boast of presenting a budget for the next generations, but the reality is quite different: the government is mortgaging the future of the next generations by suffocating them with a galloping debt, non-existent room for maneuver and a darkest economic outlook.
Make no mistake, Justin Trudeau has sold his soul to the NDP. It is the New Democrats who are really in power, the same New Democrats who were not popular with the population during the last elections.