Canada’s new luxury tax, explained

Canada’s new luxury tax, explained

On the September 2 episode of The Final Word, Abby Hughes talks about Canada’s new luxury tax and how cars and boats over $100 000, and aircraft over $250 000, will be taxed an additional 10 per cent on their original sale price. She speaks with...
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Met Radio's The Final Word gives a weekly look at the top news stories taking place in and around Toronto and around Toronto Metropolitan University.

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vor 3 Jahren
On the September 2 episode of The Final Word, Abby Hughes talks
about Canada’s new luxury tax and how cars and boats over $100 000,
and aircraft over $250 000, will be taxed an additional 10 per cent
on their original sale price. She speaks with assistant economics
professors Keyvan Eslami and Obeid Ur Rehman who delve into whether
the federal government’s estimates make sense, why these items
might be the target of a tax, and what it’ll mean for Canadians.

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