Liberal hypocrisy needs to stop!
For months, Prime Minister Justin Trudeau and Finance Minister Bill Morneau have been looking for new ways to raise taxes on working-class Canadians. First, they accused local business owners, local job creators, and entrepreneurs of being tax cheats in order to justify a big tax hike. Then, to fuel their massive spending habits, they went after employee discounts, and people suffering from diseases like diabetes. But throughout all of this, we learned a lot about Trudeau’s finance minister:
- Trudeau’s right hand man, Bill Morneau, has used an “ethical loophole” to ensure he remains invested in a company which he regulates as Finance Minister.
- Using a “numbered company he set up in Alberta,” where the tax system is seen as more competitive than where he lives and works – in Ontario – he was able to retain control of his own stocks... $40 million worth of shares in Morneau Shepell to be exact.
- Morneau also failed to disclose to the Ethics Commissioner a “private corporation that owns a villa in the south of France.” The point of this corporation? To give “Morneau’s family a tax advantage with regard to inheritance” according to the Toronto Sun.
- Morneau tabled legislation that would stand to benefit companies like Morneau Shepell, and the Finance Minister himself could stand to directly benefit from a review of overseas tax treaties currently underway by his Liberal government – thanks to his business holdings in various Caribbean islands.