CPC biggest lie
They hope you don't look it up or even remember what happened in the 70'S
WE had homeless, we had renters, we had rental problems, we had food handouts.
But for some reason CPC thinks everyone had a home all MOMs stayed home and everyone was just great
how about we bring back 48% income tax on businesses
Too bad most of this isn't true other than 1 income (since Women were refused work)
In 1970, the federal corporate tax rates in Canada were tiered, with a normal rate of 22% on the first $25,000 of taxable income and a combined rate of 48% on income over $25,000. A temporary surtax also applied.
How much tax was there in 1970?
😲 📌In 1970 ..." src="https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcRcc771KO2ssthoGf-wT0_LhQbZS6O9jPwNXiNjiTG6&s" jscontroller="R3fhkb" jsaction="rcuQ6b:npT2md;BUYwVb:QT8fkf;LsLGHf:iSvHDf;DdQV6c:QT8fkf" data-ilt="1764081635592" style="transition: transform 200ms; display: block; height: 160px; width: 89px;">
In 1970, the then PM Indira Gandhi announced income tax rate of 10% on income between Rs 5,000- Rs 10,000, which progressively went up to 85% for income above Rs 2,00,000 which would become 93.5% with addition of surcharge. This again went on to become 97.5% after Indio-Pak War.Oct 31, 2024
Ya something tells me CPC just lies all day in hope people just accept the HATE
By
1trailmaker ·
