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Originally Posted by J.OT13
I agree with this. I absolutely hate tax cuts. The Liberals cut taxes, increase services/programs then run deficits, while the Conservatives cut taxes and programs/services, and run slightly smaller deficits.
A couple hundred bucks won't do anything to help me financially but it sure will do a lot for the Government when multiplied by a few million.
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Liberals cut some taxes and add in other ones.
Generally, Liberals have added income taxes to upper-middle class people Several provinces (Ontario, Quebec, BC) all have 52-54% top marginal rates for higher-income people. This is fairly new.
A decade ago when Ontario brought in HST we added a new tax to items that had no PST. For example, things like flying, lawyers, movie tickets, hydro (since removed) were all PST exempt but got the 8% tax when HST was brought in.
Then you have smaller fees, like increased CPP contributions, which business sees as a tax and things like the jet fuel tax in Ontario.
What really matters to me at least is how much money is being brought in. If we need 100 billion, tax the most efficient way to get there.