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The Connecticut Labor News
New Haven, New Haven County, Connecticut
What is this article about?
At the annual convention of the Canadian Manufacturers' Association in Montreal on June 21, business leaders declared the recently reduced sales tax (from 6% to 5%) economically unsound, arguing it raises living costs and burdens manufacturers. Canada is cited by U.S. proponents as a success example.
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Montreal, June 21.—The Canadian sales tax was declared "economically unsound" by Dominion business men at the annual convention of the Canadian Manufacturers' Association in this city.
The tax was recently reduced from six to five per cent. It was declared that the tax has raised the cost of living in Canada, has pyramided costs to manufacturers and placed a heavy handicap on them.
The sales tax has been strongly urged in the United States, and the Dominion of Canada was cited by sales tax enthusiasts as an example of the benefits that follow this legislation.
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Where did it happen?
Foreign News Details
Primary Location
Montreal
Event Date
June 21
Outcome
the tax was declared economically unsound; it has raised the cost of living in canada, pyramided costs to manufacturers, and placed a heavy handicap on them.
Event Details
The Canadian sales tax was declared economically unsound by Dominion business men at the annual convention of the Canadian Manufacturers' Association in Montreal. The tax was recently reduced from six to five per cent. The sales tax has been strongly urged in the United States, and the Dominion of Canada was cited by sales tax enthusiasts as an example of the benefits that follow this legislation.