Tax

Alberta’s Notley says any fed tax changes need to balance fairness with growth

EDMONTON — Alberta Premier Rachel Notley is not weighing in directly on the federal government’s controversial tax change proposals. But she says she hopes the feds strike a balance by ensuring tax fairness without stifling economic growth. Notley says that’s critical as Alberta is just rebounding from a prolonged economic slump. Prime Minister Justin Trudeau’s government is looking to do ...

Read More »

Canadian Chamber of Commerce critical of proposed tax reforms by Ottawa

FREDERICTON – Members of the Canadian Chamber of Commerce say proposed tax changes by the federal government are casting business people in a negative light and the finance minister should apologize. Chamber members got to put their concerns directly to federal Finance Minister Bill Morneau Saturday at their annual meeting in Fredericton. There was a round of applause when Morneau ...

Read More »

Dismissal of sugar tax leaves a sour taste

How very predictable. This week, when a coalition of professionals in the field of obesity and health suggested that the beginning of the answer to Australia’s obesity crisis – 63 per cent of adults are overweight, as are 27 per cent of kids, and the numbers are climbing – is to have a sugar tax on soft drinks, the Coalition LNP dismissed ...

Read More »

Tax reforms for private corporations need to be phased in, not slapped down: Jonathan Kay – CBC News

“Right now, [Canadians] have a system that encourages wealthy Canadians to use private corporations to pay a lower tax rate than middle class Canadians,” Prime Minister Justin Trudeau told the United Nations General Assembly this week. “That’s not fair, and we’re going to fix it.” One can only assume that attending delegates from around the world were on the edge ...

Read More »

Hotels claims threaten Auckland ‘bed tax’ take

It’s not yet clear how much of the Auckland Council’s controversial rate on visitor accommodation providers will actually end up being paid. Photo: 123RF Auckland mayor Phil Goff hopes to reap what amounts to an additional 1 percent on the city’s rate take from the so-called ‘bed tax’ – by making accommodation owners directly pay the equivalent of half of ...

Read More »

Trudeau’s small-business tax fight fits with his old inequality messaging

Canadian Prime Minister Justin Trudeau speaks at the St.Matthew’s Day banquet in Hamburg, Germany Friday February 17, 2017. (Adrian Wyld/CP) There’s a school of thought around Parliament Hill that Prime Minister Justin Trudeau and Finance Minister Bill Morneau have stumbled unwittingly into the battle now raging over their proposal to seriously tighten up the rules on small-business taxation. The assumption ...

Read More »

Opponents of sweetened beverage tax find Democratic support

Consumers have begun to vote against Cook County’s sweetened beverage tax by shopping for drinks elsewhere – and Speaker of the Illinois State House of Representatives Michael Madigan may be in support of a repeal. “Now it seems as though when Speaker Madigan sees that his own representatives might be in jeopardy, he decides to get on board and support ...

Read More »

Provinces challenge Trudeau government over contentious tax proposals

OTTAWA — Provincial pressure is intensifying against the Trudeau government’s controversial tax-reform proposals, which have angered business owners, doctors and farmers across Canada. On Friday, provincial leaders representing different political stripes — Liberals, New Democrats and Conservatives — spoke out about tax reforms recommended by Ottawa’s Liberal government. Manitoba Premier Brian Pallister scheduled an afternoon event in Winnipeg, where he ...

Read More »

Ross Says Steel Tariff Decision to Wait Until After Tax Bill

By and September 22, 2017, 8:04 AM EDT September 22, 2017, 10:51 AM EDT Commerce Secretary Wilbur Ross said the Trump administration has decided to defer a decision on steel tariffs as it focuses on getting tax reforms through Congress. “The policy decision has been made to postpone that until the tax bill,” Ross said Friday in an interview on ...

Read More »

Cook County soda pop tax target of Mike Madigan actions – Blogs On Politics

In an usual split between two powerful Chicago politicians who are normally allied, signs are rapidly growing that Illinois House Speaker Michael Madigan is trying to kill off Cook County Board President Toni Preckwinkle’s penny-an-ounce tax on soda pop and other sweetened beverages. Knowledgeable sources in both Chicago and Springfield say Madigan fears that the highly controversial tax, combined with ...

Read More »