Conservatives call on government to back off capital gains changes due to legislative limbo [Video]

The Conservatives are calling on the government to stop collecting tax on capital gains at the increased inclusion rate the Liberals put forward as part of last year’s budget.

Conservative finance critic Jasraj Singh Hallan argued the higher inclusion rate shouldn’t apply because it was never officially passed into law by Parliament.

“You are taking money from small businesses without the consent of Parliament and have created a tax-filing nightmare for hard-working Canadians across our country,” Singh Hallan wrote in a letter sent Tuesday to Finance Minister Dominic LeBlanc.

“As Minister of Finance, you have a responsibility to stop this job-killing tax hike before it does even more damage to our economy. If you refuse to do this, then at the very least, you must direct the Canada Revenue Agency to stop collecting this tax until after an election.”

Singh Hallan co-signed the letter with Adam Chambers, the Conservative critic …