Quote:
Originally Posted by Slava
Ya, and I understand that. Even so though, its not a 3% difference is well within the wiggle room built into most budgets a year or two out? I see your point, but its not like this is completely out of question either.
|
Of course companies build in contingencies and multiple cases into their modeling and planning and yes this won't bankrupt any large employers. This is an opportunity cost issue, where less economic activity will occur as a result of this policy than otherwise. Another thing the Liberal's haven't priced out properly is the lost tax revenue from this increased economic activity. The $2 billion assumption comes from 2008 and is stale dated.
Considering that their educational program zaps existing tax credits too and only amounts to $400 some dollars extra per student, I don't think it's worth it when we have a real chance to add to our competativeness in commerce as other countries do not have the budget room to do so.