RE:RE:Mini Budget is Rumoured to have a Buyback Tax
They state that it is to divert money to growing Canadian businesses, but a 2% rate is marginal and won't change behaviour. It's a cash grab to justify spending on more programs. Makes it look like they are "taxing the rich" when they are just making Canadian companies less globally competitive. The base that is celebrating this probably can't explain what a stock buyback is.