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Decentralized Democracy

House Hansard - 305

44th Parl. 1st Sess.
April 30, 2024 10:00AM
Context: House Hansard - 305 - Apr/30/24
Ms. Jenny Kwan (Vancouver East, NDP)
  • Apr/30/24 1:36:16 p.m.
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Madam Speaker, the member spoke about taxation and the issue around taxes. What I do not see in budget 2024 is a windfall tax, an excessive profit tax, for example. We know there is a high rate of inflation and people are struggling with food prices. We also see a free pass being given to the corporate sector. In fact, the Conservatives and Liberals have aided and abetted this practice and refused to increase the corporate tax rate. If the government increased it to 15% to 20%, that would bring $16 billion a year into the treasury to support a variety of different measures. Would the member call for the government to do what is right for all Canadians, which is to put forward an excessive profit tax?
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