Quote:
Originally Posted by Jacks
Another 40 billion on the fire with no end in sight. This government has increased taxes all over the place and still managed to almost double our national debt (613 billion to 1.18ish trillion) in 8 years. After all that spending are Canadians better off than they were before?
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That’s not quite the correct question to ask. It’s are they better of then they would have been.
Go to the extreme scenario of no intervention during Covid and consider what would have happened. So certainly better off than the do nothing scenario.
Could the 613 have been reduced to something more manageable? That’s probably true to.
It’s interesting you say the government has increased taxes. All I see is tax rebates and tax cuts.
Personal income tax - stays the same, GST tax rebates - up, Green energy tax cuts, liquor tax cuts, etc.