Mr. Speaker, the Auditor General has confirmed that if an ordinary citizen owes five bucks on their tax return, the CRA is prepared to put them through hell. Meanwhile, the federal government is ready to make a deal with anyone who has deep enough pockets.
What happens if the tax bill cannot be paid? For bigger clients, Ottawa will happily write off $17 million without justification. If the CRA asks for a receipt to confirm a deductible expense, that receipt had better be submitted right away. However, for those who can afford to keep their money offshore, there is no problem, because the deadline gets extended.
The worst part is that we will never know how much money the CRA actually recovers because it only reports the money it hopes to recover, not the money it actually collects.
We often talk about the Liberals' deficit, but the real deficit, the one that hurts, is the hole left by the profiteers who do not pay their taxes while Ottawa turns a blind eye.