Critics warn Ottawa's new 'luxury tax' on pricey cars, planes and boats could backfire | CBC News

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Ottawa's luxury tax on high-priced cars, planes and boats is coming into effect today, despite warnings from some critics that the measure will hurt the economy and turn out to be more trouble than it's worth.

 

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How many of these “critics” would be subject to that tax 🤡💩

TonySeskus Why not just remove some of the deductions and loopholes that enable this same target demographic to bypass even basic income taxes. All you’re doing here is ensuring they buy and store their toys elsewhere.

They will just buy American. It is cheaper anyways.

EatTheRich

Just as businesses are showing signs of recovery the socialists move in with a job killing tax.

“Critics” being the manufacturers of those pricey items. Many other countries have these luxury taxes and they’re doing just fine.

“ ... feel comfortable supporting everyone else...” Phkn tone deaf elitist liberal_party MP dullards. Borne of pure jealousy and greed taken off the backs of the hard grinding citizens of Canada

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