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this post was submitted on 29 Jan 2024
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While I appreciate that this guy is trying to get more competition, it seems like a cop out.
We had a 'lower prices or else' statement, they chose to respond 'lol k' and then did nothing. He should tax the fuck out of them, AND get the competition minister involved.
If you're gouging on vital products, you're fucking scum.
Ok, but realistically now, how would you even do that. What would be the law you'd implement to allow you to do that? That's not how taxes work at all.
The gov't can request info from the CRA on profits the big grocers make, compare them to pre-pandemic numbers and adjust their tax rate.
The other way is to reintroduce taxation rules from the 70's (pre Reagan/Thatcher trickle-down stupidity) and force the companies to pay more for larger profits.
@girlfreddy @chris As far as I know all taxpayer information is confidential even from the government.