Why is dst stupid?

Canada’s implementation is different from other countries’:

• It’s retroactive to 2022 - so the corps in question would have to drop a big payout in the first year.
• It’s slightly higher than the UK tax that the yanks didn’t call out. (3% vs. 2%)

I don’t know if I would call it stupid, but that retroactive thing seems odd. I don’t know much about corporate tax law, so maybe that’s a thing? I dunno.

This seems really premature. I dislike Carney’s policies for a bunch of reasons, but it’s premature to shit on him for this. We don’t know what the final trade agreement will be.

The last time Trump threw one of these tantrums, NAFTA morphed into USMCA without much of a hit to our economy (afaiu). If our government can repeat that success while we’re diversifying our economy away from the US then that’s a win.

It’s dumb to implement IF we are in fact going in with Europe and the OECD on a digital sales tax. But it doesn’t seem imminent at the moment so I don’t have high hopes.

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Otherwise it’s capitulating to fash.

Me too - people are pissed. We do not capitulate to fash. Poland and Austria did and Germany still invaded them.

I’m curious to hear Charlie Angus’s response to this capitulation.

The idea was to give the Americans time to negotiate something before the tax came into effect. If they didn’t do it in 3 years, I don’t know why Carney thinks giving in will lead to any benefit for Canada.

They were told about the implementation and the date active. They have chosen not to pay. The total to current date is due. Its like me not doing my taxes for seven years and receiving the letter from the cra that I had better bring my taxes to current year or face fines. Same deal for businesses.

You just said why it’s a stupid, stupid thing to do: Trump would have caved anyway. All Carney had to do is wait.

That he would cave so quickly shows how little he values Canadian interests over American profits.

And to that I would just add - people are PISSED. People will literally self-deputize in a second if America rolls in with tanks or drones or whatever (they are already setting the stage for that with their relentless internal and external rhetoric about how “dangerous” Canada is with migrants and terrorists supposedly flooding in to their stupid country from the northern border). This is a very sketchy time. America can hates you

Just a sidenote, Austria was as much victim as it was perpetrator under the nazi regime.

Out of curiousity, how many workers should lose their jobs to appease your sense of righteousness?

A trade negotiation is not the same as bowing to fascism.

If the reason for doing the wrong thing is “the jobs” then you need to rethink your reasoning.

Trump can’t be trusted. Canada did negotiate a new deal first admin, only for Trump to come screaming again saying it was terrible and demanding a new one. It’s bad policy to concede to the US right now.

It’s a trade negotiation, it’s literally all about the jobs.

I get that you aren’t affected but thousands are.

By your logic, we should just not do anything with our largest trading partner and I dunno, just wait for almost half a decade until we like the administration?

I get that you aren’t affected but thousands are.

I don’t know where on earth you got the idea that this doesn’t impact me.

Uhhhh in case you didn’t notice - when Amazon in QC unionized, Amazon pulled out of Quebec. We don’t need US digital services, it’s one of the easiest things we can replace. Might be a headache for some workplaces to get off Microsoft, SharePoint, or azure but ultimately - it’s not that hard. IT can do it. We have server farms and digital services in Canada. It’s easy to replace as opposed to say, re-tooling a car factory.

Do you really need Facebook, X, Apple, Netflix, Disney+ shitmaganda!? Or can you grab what you want from Crave or the high Cs. Our newspapers are largely already owned by US hedge fund billionaire massive global corporations - so taxing them at a minuscule rate is nothing to them. And they are free to fuck off doing business in our country if they don’t like the DST. This was a cowardly and weak capitulation on the part of Carney - unless we are infact joining the EU and OECD on a digital service tax as part of a bloc of countries (which could track).

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But right now, we don’t know - so am skeptical about what Carney just gave up.

Always remember who we voted against. We would need special instruments to measure how quickly Polyestre would have caved.

Yeah I know. PP is a Trump fluffer to the ultimate. He would have been an unmitigated catastrophe and it troubles me how close that fuckwhit came. And how he continues to try to remain. But unless Carney shows tangible results (which includes NOT capitulation to fash), his term as PM will be one and done.

I don’t get the hate, it seems like about time these ultra rich companies paid some taxes?

I would send an email to my MP but he is a do nothing back bencher who will take credit for Carney’s failures.

I think the companies are the only ones who hate the DST. That and their puppet politicians.