Originally Posted by bluelines1974

The next government is in a somewhat fortunate position in that Trudeau and his cabal of corrupt morons has created such a high tax burden, that we'll all be relieved with fairly modest adjustments. For example, the 66% capital gains inclusion rate, if it goes through, almost certainly won't get put back to 50% when the Conservatives get into power, just as the luxury tax probably won't be touched, certainly not eliminated.

The very worst part of Canada's tax problem is that virtually everything goes to feeding an ever-growing bureaucracy at all levels of government - municipal, provincial, federal - and almost nothing to actual delivery of improved services and infrastructure. This government has also weaponized every global issue as a distraction from their inability to solve anything at the local or national level. Emboldened by the feds, municipalities are spending time declaring a climate crisis and doubling down on identity politics instead of fixing pot holes, for example. It's not that these global issues aren't real, it's instead that politicians want people to be focused on tribal ideas instead of concrete actions that are visible at the local level.

I'd actually be OK with paying a luxury tax on a discretionary purchase of an expensive car if I believed it would improve education and health care, but obviously it's done nothing to help those issues. It serves two purposes: funding a larger federal work force, which does less actual work than has ever been the case; and reinforcing a class war "rich people = bad" narrative that is politically convenient for the government.

Rant over.

Originally Posted by timothymoffat

Haven’t seen any numbers on boats. But it was the biggest factor in my decision to not buy my first NEW 911. Our taxes are getting out of control.

Originally Posted by guards85

Let's not forget proposed capital gains tax increases, soon they'll be taxing gains on principal residence too. It's no wonder so many folks are bailing.

Originally Posted by Onami

Luxury tax applies to any car that has not been title/registered before regardless of where it was first delivered - so a new US car would still face luxury tax when imported to Canada. Any used car avoids luxury tax whether purchased in the US or Canada.

Originally Posted by jstap808

got it, so wire me money to buy it here in the US, let me drive it 1 ft, I'll sell it to you at the purchase price as "used car" and bam! just buy me a beer for any "inconveniences" haha

Originally Posted by jstap808

got it, so wire me money to buy it here in the US, let me drive it 1 ft, I'll sell it to you at the purchase price as "used car" and bam! just buy me a beer for any "inconveniences" haha

Originally Posted by CanAutM3

Luxury tax would still apply even if used. Further, when you factor the Canadian MSRP and FX, the cars are still cheeper in Canada despite all the taxes.

Originally Posted by bluelines1974

Luxury tax doesn't apply to used cars. Bringing a used car into Ontario requires payment of the RIV fee and duty, and then sales tax when you register the car at Service Ontario. You wouldn't be charged luxury tax.

Originally Posted by CanAutM3

My understanding is that the luxury tax does not apply to a used car already in Canada; the tax is applicable at moment of import.

Originally Posted by Hunky

The snowbirds that come here from Canada tell bad tales of taxation, government run everything, etc in Canada. God awful weather. I sure as hell would not live there. YUK.