Canadian corporations enjoy billions of dollars in tax cuts while we bear the burden - 2019-08-15
Supporters of this tax cuts plan will argue it "stimulates job growth." As I detailed in the 2013 article, studies show that despite over 15 years of corporate tax reduction, corporations have simply banked the money instead of reinvesting it as was intended. This notion holds even more truth today. It is madness to continue this policy.
To be clear, I am not speaking about taxes on small businesses. They enjoy a completely different and smaller tax burden, as they should. This is about the mega corporations with assets of over $50 million who are sitting on piles of cash yet refuse to pay their fair share.
For years and years, both the Conservatives and the Liberals have counted on your vote so they can subsidize the profits for their big business friends on your back.