On April 1, a tax increase on alcohol known as the “beer tax” will come into effect, meaning Canadians may soon pay more for their beverage of choice.
On April 1, a tax increase on alcohol known as the “beer tax” will come into effect, meaning Canadians may soon pay more for their beverage of choice.
You know what is amazing: They can index taxes to inflation, but they can’t be damned to index minimum wage to the cost of living increase.
You don’t need to do anything to index percentages of sales prices to inflation, when inflation results in increases in sales prices.
Raising the tax rate is not indexing taxes to anything.