Higher taxes sold as fairness for a government that sees no other way

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Higher taxes sold as fairness for a government that sees no other way
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At some point you have to suspect that it is not all about the 20- and 30-somethings

Prime Minister Justin Trudeau, Deputy Prime Minister and Minister of Finance Chrystia Freeland are joined by cabinet ministers for a photo before the tabling of the federal budget on Parliament Hill in Ottawa on April 16.They’re doing it for you, millennials. And you, Gen Zers. The Liberal government is raising capital gains taxes for you. In the logic of this year’s budget, there was simply no other way.

There was no hint that the Liberals ever thought for a moment there is any other way, that controlling spending might be an alternative to levying taxes. will add up to a useful chunk of change – including an expected bump of $6.5-billion in 2024 driven largely by investors selling assets in the next two months, before the stiffer tax treatment takes effect in June.

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