News   Jul 12, 2024
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PM Justin Trudeau's Canada

Perhaps it is not so much a vote against middle class tax cuts but a vote against:

  1. Tax increases for the slightly above middle class; and
  2. A switch in tax policy which was promised to be revenue neutral and, magically, turns out to carry an annual cost to the treasury of $1.2B
So, with that one switch, over 10% of the promised $10B deficit is used up with nary bit of infrastructure built (of course, we have heard in the last few days that the $10B limit is off the table too).

Where does your 'slightly above middle class' line start? Do you have a definitive line at which someone becomes 'above middle class' as opposed to 'slightly above'?

And, why would a Conservative object to a tax cut? So, the plan is 'not revenue neutral', i.e. it's a tax cut, and you're.... against it? That's not so... Conservative. And you can say the same about Ms. Ambrose's voting against it.
 
Perhaps it is not so much a vote against middle class tax cuts but a vote against:

  1. Tax increases for the slightly above middle class; and
  2. A switch in tax policy which was promised to be revenue neutral and, magically, turns out to carry an annual cost to the treasury of $1.2B
So, with that one switch, over 10% of the promised $10B deficit is used up with nary bit of infrastructure built (of course, we have heard in the last few days that the $10B limit is off the table too).

Point 2 is rather rich considering the amount of tax cuts during the Conservative tenure and how all of it was deficit financed, and now they're voting against it because it cost the treasury? Pray tell, how much did those boutique tax credits, income splitting, etc. cost?

AoD
 
Didn't think my comment was so controversial......all I was saying is that they (the Cons) would not view themselves as voting against a tax break but, rather, in favour of other tax breaks...which should not be surprising as they were the ones who introduced the other tax breaks in the first place.

Describing what they did as voting against a tax break would be like saying the Liberals increased taxes with that move.....just to other people.

As for the imbalance part......rich or not all I was saying is that this should go in the "promise broken" category. All governments/parties make promises. This is one where they (the Liberals) did not deliver. During the election they described it as revenue neutral and that the tax breaks they were eliminating would finance the new tax cuts they are introducing. Turns out that they are $1.2B a year short of that. I get the euphoria of a new government and a new approach but this is one that they should (and are) being called out on.
 
They should be called out. We should, as a country, view the actions of the party in power with a critical gaze. If it's not revenue neutral as they promised it would be, that's a departure from their election platform. One needs to view it in the big scheme of things, and to consider it in context, but nonetheless the result is not what they promised.

I take the criticism from the opposition parties with a grain of salt, though. The Tories fabricated a balanced budget which turned out to be a $10B deficit, while the NDP's fiscal platform had all the heft of a children's picture book (it actually looked a bit like one, given it was top-heavy with pictures and so devoid of detail or substance). But just because the opposition are all living in glass houses doesn't mean the rest of us can't be keeping the Liberals' feet to the fire, so to speak.
 
The CPC is still salty about losing the election. They learned nothing from that and are still the same mean spirited party.
 
Canada's heart-warming welcoming of Syrian refugees makes be proud of this country once again. What a stark contrast to the utterly pathetic US presidential election.


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Australian government predicts $37.4 billion (US $27.13 billion) deficit from plunging commodity prices

Remember that the Liberal part in charge is actually conservative! Just imagine the CPC outrage if Trudeau had a deficit half that size...
 
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Conservative supporters are attacking the Liberals over this deficit issue and what we might have pales compared to the Aussies.

https://www.facebook.com/tsatoronto...87266796/1051062084957368/?type=3&pnref=story

Trudeau with the win again! I actually work in the same building as these people.

http://www.ctvnews.ca/politics/trum...1?hootPostID=b1cbc2cce4a905fce78a20f7f195830c

You don't get to say that after campaigning with the Ford brothers!

http://news.nationalpost.com/news/c...cusation-says-it-all-about-mike-duffy?ref=yfp

Duffy is his own worst enemy.
 
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