Conservative Leader Pierre Poilievre announced his second tax cut of the campaign targeted at investors Sunday, promising to exempt capital gains from taxes if the proceeds are reinvested in Canada.
“The current capital gains tax locks up investment in old assets, because selling them would force a big bill,” Poilievre said in a statement.
“Allowing reinvestments without tax will unlock billions to immediately begin building, hiring, investing and growing.”
The Conservatives say the tax cut, which would be available to investors from Canada Day until the end of 2026, will be made permanent if it’s proven successful at driving economic growth.
Wait, a tax cut that benefits some of the middle class a bit and massively benefits plutocrats?
It would have been nice to have a proper campaign for the first time in over a decade, but PP is an empty suit. Stupid slogans is all the guy has. He doesn’t seem to grasp important concepts necessary to be PM. Such a waste of everyone’s time.