Originally Posted by
Dythbringer
So the finance minister has said the "middle class tax cut but increase the taxes on the rich" plan will cost something rather than be "revenue neutral". It seems that it will cost the government $1.2 Billion/year over the next 5 years because, wait for it, the rich are creative in finding ways to reduce their taxable income. Despite the die hard Trudeau supporters, did anyone really think this plan would have been revenue neutral like the Great White Dope promised? Further more only 9 million Canadians will benefit from this plan. That is right, out of 35.16 million Canadians, about 1/4 of the people will benefit from this "fairness" election pitch. I suppose the people rest of Canadians (minus the 319 000 taxpayers who earn more than $200 000/year) are SOL.
On top of that, because the slow economic growth, the government now is talking about having a $25 Billion deficit over 3 years rather than the promised $10 Billion. Where did these clowns ever learn how to count or learn if you have slower than forecasted economic growth, don't go spending money like you are a sailor on shore leave for the first time in 8 months. If this is how it is going to be for the first month and a half on the job, I shudder to think what Canada will be heading to in four more years.