They have been increasing prices. They have also removed basic services and account sharing.
It’s not taxed on net income, but gross revenue. Semantically, it’s a “revenue” tax with the same effect as a sales tax. They collect $100 and get to keep $3. I appreciate the wishful thinking, but it will passed on to customers.
The Canadian solution to every problem is always “more tax”.
They have been increasing prices. They have also removed basic services and account sharing.
It’s not taxed on net income, but gross revenue. Semantically, it’s a “revenue” tax with the same effect as a sales tax. They collect $100 and get to keep $3. I appreciate the wishful thinking, but it will passed on to customers.
The Canadian solution to every problem is always “more tax”.
Well, traditionally it is: Establish a monopoly/monopsony.
But with US companies already entrenched, it is a little late for that. “More tax” is our fallback plan.