May 12, 1930 (16th Parliament, 4th Session)


Charles A. Stewart (Minister of Immigration and Colonization; Superintendent-General of Indian Affairs; Minister of Mines; Minister of the Interior)


Mr. STEWART (Edmonton):

He set out the amounts of taxation from 1923 to 1930 and stated we had increased t'he burden of taxation which we derived from the business tax, amounting in 1923 to $335,000,000 and in 1929 to $378,000,000. May I simply say, in passing, that I do not intend to go into details to prove my contention to hon. gentlemen opposite. But if we have a larger volume of business on which we raise our general taxation, surely no one is going to be hurt because the amount collected has increased. Individually it does not mean any greater burden. But may I say to the hon. gentleman that he does not take into consideration that not only did we collect more money, but we collected it in the face of reduced taxation, and the general business of the country was so buoyant that even after the reduction of the income tax and general taxation we derived more revenue.

Subtopic:   THE BUDGET
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