Quote:
Originally Posted by OMG!WTF!
TFSA's
lowered corporate taxes
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both of these are bad for canada as they are decreasing tax revenue while increasing spending.... They have removed a source of income - which means they just have to cut other programs or increase debt.
Don't get me wrong - I like TFSA's and I think the 5k/5.5K limit per year was well enough. Increasing it to 10k like they have done does NOT help anyone who actually needs the help. We will be paying for this down the road, and really not a lot of people can afford to max out the TFSA to the max.
The corporate tax rate is already the lowest of the G7 countries - and could be still increased by a few percents and probably really not cause a lot of changes. Was there really a need to lower it?