Tuesday, June 07, 2005

Canada's only progressive party

The Liberals want to reintroduce their corporate tax cut later.
Now the Cons and the Bloc want to keep it in the budget now.

A very interesting piece of political theatre. My favourite part is how business leaders are rewarding PMPM for cutting corporate taxes repeatedly in the past:
Business groups said they don't have faith that the Liberals will reinstate the corporate tax cuts for large companies at a later date.
“Actions speak louder than words,” Ms. Hughes Anthony said. “I cannot determine from the government's statements when that might be or whether they would be the same amount [of reductions].”
Mr. Stewart-Patterson said the Liberals should immediately move the tax cuts to a separate bill if they want to remain true to the NDP deal but also send a signal to investors.

And meanwhile, only one party has the nerve to suggest that after cutting off a quarter of our corporate tax revenue already, maybe it's time to start reinvesting.

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