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Old 10-04-2019, 08:25 PM   #4
Enoch Root
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Quote:
Originally Posted by GGG View Post
For taxes I like the Liberal proposal. It’s simple and almost Universal. I would prefer it being universal rather than then have an income cut off. I like the idea of a luxury goods tax however it would need to be monitored carefully if it just drove purchases out of country.

The universal tax cut in the conservative plan is good but the rest of the boutique tax cuts are terrible. We have evidence that things like the transit tax credits and children art/sport credits do not increase participation but instead just reward those who already do the activity. It’s just bad economic policy.

I haven’t really looked at the NDP or Green tax plans yet.
This is precisely the problem with it. Terrible idea that changes spending habits. And it is net negative in that it results in people doing more of their spending outside of Canada.
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