Quote:
Originally Posted by peter12
Canadians are being overtaxed by $14.2 billion. Let's see some tax cuts.
|
totally agree! by cutting taxes, they can foster saving or spending by Canadians, both would have beneficial effects. Likewise tax cuts for businesses could lead to more capital spending and hiring workers. The later may not be that important, in general, since unemployment is low, but that is not sector wide, nor region wide. The manufacturing sector could certainly use some help right now, given the high dollar. Tax cuts could lead to using more efficient, more productive technologies; likewise, it could stem the tide of layoffs in that sector. Conceivably, lowering taxes could lead to a larger tax base and actually increase government revenue. Harper and the boys need to find the right balance here