The issue has mostly flown under the radar, mostly because of the complexity of Canada's tariff system, which serves to
hide these tax increases from consumers.
Not exact matches
Nothing raises Americans» ire more than
tax increases, but most of us don't know that we face a
hidden income -
tax hike almost every year that the economy grows.
The sustained economic downturn is a result of the job killing NDP government policies (i.e. 50 %
increase of minimum wage; carbon
tax — the biggest
hidden tax in Alberta history; and out of control spending and borrowing).
A letter signed by the Baltimore - based sports brand along with Nike, Naturalizer, Sperry, Stride Rite, Steve Madden and dozens of other brands says
increased tariffs on footwear would amount to «new
hidden taxes on every American who buys and sells shoes.»
In addition to possible
increased capital - gains
tax rates, buyers can be surprised by
hidden taxes that can impact the transaction by as much as 50 percent in fees and penalties.
«That is why every time Theresa May and the Tories are asked whether they are planning
tax increases if they are re-elected on 8th June, they run and
hide.
Democratic state Executive Director Jim Rogers claimed, «Fischer wishes to
hide that she signed the Grover Norquist (no
tax increase) pledge to protect the
tax breaks of her billionaire benefactors like Joe Ricketts and the Koch brothers and she stands against the middle class and favors
tax cuts for the ultra-wealthy.»
@Chad I afraid politics unless they propagating lassies faire, they are involving very deeply into economic matters, and since they are willing to
tax more and try to
hide the actual problems with unemployment subsidies and greatly
increased government (or government related) jobs, I assume maybe somebody thought about this matter in political level.
What this all means for Canadian taxpayers is that countries around the world are beginning to take note of the success that anti-
tax evasion legislation is having, and both the
tax authorities and major banks are starting to
increase transparency in an effort to prevent taxpayers from
hiding offshore assets through jurisdictions that are were traditionally known for their secrecy.
With no other
hidden cost, you can
increase your savings further than the
tax benefits every other ULIP provide.