Sunday, January 22, 2006

Martin and Harper Reward The Wealthy

66 economists deplore tax cuts And you thought all economists loved tax cuts did you. If these economists deplore tax cuts what are they in favour of you ask. Why social investment of course.

Pointing out something the Conservatives keep Harpering on, that the 1995 balanced budget was made off of cutting Federal transfer payments and funding to the provinces.

Of course ignoring the fact the provinces did the same with their budgets prior to the Federal budget cuts. And then the Federal government spent the next twelve years plunderng social programs like EI and by reductions in department spending, except for their various boondoggles when they attempted to create public private partnerships.


“By failing to tax income trusts, reducing the tax on dividends, and virtually eliminating the tax on capital gains, Martin and Harper have rewarded the wealthy and punished the poor” says David Langille of the Centre for Social Justice. “It means taking money from needy Canadians – money that could have been spent improving our health system, making education more accessible, renewing our crumbling infrastructure, or reducing poverty in Canada and around the world.”

But wait the Conservatives do plan to invest in infrastructure. Well ok private infrastructure, with another...wait for it.....tax cut.
Conservatives Would Seriously Consider Tax Deductibility for Gym Memberships So now you can fund your Private Fitness Club membership at taxpayers expense. I can see it now. cuts to social housing to pay for Fitness Club Memberships.

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