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Emmett Macfarlane: Canadians aren't being asked to meet the moment
(emmettmacfarlane.substack.com)
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Rather than tax cuts for the richest Canadians, I'd prefer to see a plan to address the housing, affordability, and healthcare crises. I'd be happy to see tax cuts on the lowest bracket complemented by increases on the higher brackets.
So far, both liberals and conservatives have promised housing GST tax relief. Liberals for first time buyers, conservatives for any buyers. One of these makes a whole lot more sense to me. Why give a GST break to Bob who's buying his 4th property to rent out?
And why give tax cuts to real estate profiteers that are fixing our market at unattainable, unrentable rates?