Thread: Flaherty promises new tax relief, pledges to eliminate federal debt
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Old 11-23-2006, 02:32 PM   #8
MarchHare
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The Conservative government is promising $22 billion in new personal tax relief for Canadians and will eliminate Canada's $480 billion debt by 2021, Finance Minister Jim Flaherty said Thursday
If, rather giving us $22 billion in tax cuts they instead ear-marked all of that $22 billion towards debt repayment, how much sooner would the country be out of debt?

Also, if they're cutting taxes, where is the money for the debt repayment going to come from? What programs are going to lose funding in order to pay for this?
Last edited by MarchHare; 11-23-2006 at 02:35 PM.
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