Pergi ke luar talian dengan aplikasi Player FM !
#144 Debt interest = $1 billion/week
Manage episode 414104880 series 2674599
Welcome to Canada, where you pay a federal sales tax so Prime Minister Justin Trudeau can cover the interest payments on his government’s credit card.
That’s literally what’s happening. Interest charges on Canada’s debt will be $54 billion this year. GST revenues will be $54 billion.
On top of soaring interest charges, the federal budget includes massive deficits, a tax hike, the doubling of the national debt, and no plan to balance the budget.
We break down what you need to know about the federal government’s 2024 Budget. All that and more in this week’s Canadian Taxpayers Podcast.
114 episod
Manage episode 414104880 series 2674599
Welcome to Canada, where you pay a federal sales tax so Prime Minister Justin Trudeau can cover the interest payments on his government’s credit card.
That’s literally what’s happening. Interest charges on Canada’s debt will be $54 billion this year. GST revenues will be $54 billion.
On top of soaring interest charges, the federal budget includes massive deficits, a tax hike, the doubling of the national debt, and no plan to balance the budget.
We break down what you need to know about the federal government’s 2024 Budget. All that and more in this week’s Canadian Taxpayers Podcast.
114 episod
Semua episod
×Selamat datang ke Player FM
Player FM mengimbas laman-laman web bagi podcast berkualiti tinggi untuk anda nikmati sekarang. Ia merupakan aplikasi podcast terbaik dan berfungsi untuk Android, iPhone, dan web. Daftar untuk melaraskan langganan merentasi peranti.