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Finance minister admits middle-class tax cut wi

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Finance minister admits middle-class tax cut will cost $1.2B annually


Political | 206842 hits | Dec 08 5:57 am | Posted by: OnTheIce
32 Comment

Finance Minister Bill Morneau conceded for the first time Monday that his government�s promised tax breaks for the middle class won�t be revenue-neutral and will actually cost the federal treasury $1.2 billion annually.

Comments

  1. by avatar uwish
    Tue Dec 08, 2015 4:14 pm
    that $10 B / yr deficit seems to be unattainable now, with all their promises looks like this is going to be a horrible term for the feds.

  2. by avatar ShepherdsDog
    Tue Dec 08, 2015 4:17 pm
    F*ck the feds and all the MPs....it's going to be a horrible 4 years - at the bare minimum- for the Canadian tax payer.

  3. by avatar martin14
    Tue Dec 08, 2015 6:21 pm
    It's about $13 a week, per.

    yeah, that's going to change a lot of things......

    Not to worry, Justine will claw it all back with the new carbon taxes that will
    be introduced next year... if you have a job.

  4. by avatar bootlegga
    Tue Dec 08, 2015 7:36 pm
    Lots of Trudeau Derangement Syndrome here on CKA...

  5. by avatar BartSimpson  Gold Member
    Tue Dec 08, 2015 7:39 pm
    Revenue not received is not a "cost". :roll:

    Geez, I LOATHE these fuckers who twist the language around.

  6. by avatar PluggyRug
    Tue Dec 08, 2015 7:40 pm
    "bootlegga" said
    Lots of Trudeau Derangement Syndrome here on CKA...


    Justified by the things Justin is screwing up. or should that be Justinfied.

  7. by avatar ShepherdsDog
    Tue Dec 08, 2015 8:04 pm
    "PluggyRug" said
    Lots of Trudeau Derangement Syndrome here on CKA...


    Justified by the things Justin is screwing up. or should that be Justinfied.


  8. by avatar Freakinoldguy
    Tue Dec 08, 2015 8:33 pm
    I almost feel sorry for Justin.

    It's quite apparent that he's out of his league and is taking most of his advice from advisors who have their own agendas. One of whom is a hate filled old asshole still trying to punish Canada for not defending him when the Prince stole his throne and the other a pseudo economist who thinks huge deficits are a political cure all.

    So, is it any wonder JT's coming off as desperately trying to please everyone on the planet.

  9. by avatar ShepherdsDog
    Tue Dec 08, 2015 8:43 pm
    a friend to all is a friend to none.

  10. by OnTheIce
    Tue Dec 08, 2015 8:53 pm
    "bootlegga" said
    Lots of Trudeau Derangement Syndrome here on CKA...


    Lots of deflecting here on CKA from you and the Left.

    Funny, if this was Harper you'd be all over it. Instead, those pointing out another broken promise are deranged?

  11. by avatar BeaverFever
    Tue Dec 08, 2015 9:11 pm
    So do the right-wingers on this site want the tax cut or not? Can you please clarify? They'll take it, but not from Justin?

    For the record, I'm against it.

    Martin, you never answered my question regarding "Justine": What's your problem with women anyway, that you think calling him a woman's name should be a degrading insult?

  12. by avatar PluggyRug
    Tue Dec 08, 2015 9:18 pm
    "BeaverFever" said
    So do the right-wingers on this site want the tax cut or not? Can you please clarify? They'll take it, but not from Justin?

    For the record, I'm against it.

    Martin, you never answered my question regarding "Justine": What's your problem with women anyway, that you think calling him a woman's name should be a degrading insult?


    I would say yes if it was correctly funded (retired so it has no effect on me).

    However there's a shortfall which will have to be payed for. Given his reckless spending to date, it's just one more example of his 'deer in the headlights' approach to financial governance.

  13. by OnTheIce
    Tue Dec 08, 2015 9:26 pm
    "BeaverFever" said
    So do the right-wingers on this site want the tax cut or not? Can you please clarify? They'll take it, but not from Justin?

    For the record, I'm against it.

    Martin, you never answered my question regarding "Justine": What's your problem with women anyway, that you think calling him a woman's name should be a degrading insult?


    I'm against it as well. It's class warfare.

    When you plan to increase taxes on one hand and give me back money on the other, I'd rather things be left as-is.

  14. by avatar BeaverFever
    Tue Dec 08, 2015 9:35 pm
    I have no problem with the increase on the $200,000-aires. I just don't like the cuts.

    Harper, Martin and Chretien all cut personal, corporate, and sales taxes substantially.

    How do you balance the budget with continual tax cuts year after year after year? Enough. If they just stop cutting for a while and let the budget balance, THEN they can revisit the topic but otherwise its a fool's game.



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