Buckdog: Here's 5 Questions That Harper - Flaherty And The Conservatives WILL NOT Answer About Corporate Tax Cuts!

Wednesday, February 09, 2011

Here's 5 Questions That Harper - Flaherty And The Conservatives WILL NOT Answer About Corporate Tax Cuts!

• What evidence does the government have that reducing corporate taxes stimulates job creation? Surely, after a decade of cuts, it can offer Canadians more than empty Right wing slogans.

• How does Flaherty know corporations will use their tax cuts to hire workers rather than invest in labour-saving equipment, give their executives big bonuses, increase their shareholders’ dividends, facilitate mergers and acquisitions or simply sock the money away?

• Why, if the finance minister is so eager to encourage hiring, did he jack up employment insurance premiums on Jan. 1? Nothing kills jobs faster than a payroll tax increase.

• What proof can he provide that corporate tax cuts make Canadian companies more competitive? They could well have the opposite effect. Instead of hustling for business, investing in research, or capitalizing on Canadian innovations, firms can sit back and wait for the next instalment of tax relief to undercut their international rivals.

• Why is it good economic policy to shift an ever-growing portion of the tax burden from businesses (many of which are highly profitable) to individuals (many of whom are struggling to get back on their feet after the recession)?
The Star

posted by leftdog at Wednesday, February 09, 2011 | Permalink

Hi there,

I just stumbled across your blog and think it's really great! I thought you might be interested in this organization that just started up in Canada: www.leadnow.ca Right now they are specifically working on a campaign to get people to share their stories on the website in order to build a mutual understanding and dialogue in Canada. Following this they will create a Declaration for Change highlighting issues that Canadians want politicians to move beyond party politics and work together on, and challenging politicians to do exactly that. They are also working to increase participation by new voters, particularly younger voters, and create public demand for progress on major issues.

Anyway, thought you might be interested in checking it out, sharing your story on the site, and getting others to do the same,

Thanks! Keep up the great work :)

Kelsey

Posted by Kelsey | 12:18 pm, February 09, 2011