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|    can.taxes    |    All that "free" healthcare has a price    |    23,408 messages    |
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|    Message 23,035 of 23,408    |
|    Alan Baggett to All    |
|    Harper promises ban on federal tax hikes    |
|    29 Sep 15 02:08:04    |
      From: AlanBaggett@volcanomail.com              Harper promises ban on federal tax hikes : CRA SOTW              By Allison Jones, The Canadian Press              RIVIERE-DU-LOUP, Que. -- Stephen Harper is making a promise to keep his       promise.       A re-elected Conservative government would introduce so-called "tax lock"       legislation that would prohibit increases to federal tax rates, Harper       announced Friday.              "This new legislation will protect our fragile economy and guarantee reduced       taxes and stable incomes for our families," Harper said.              Thing is, the Conservatives have already promised not to increase taxes.              The gesture is a symbolic one, enshrining in law what Harper has already       repeatedly promised and allowing him to say other parties -- should they form       future governments -- would have to break the law in order to raise taxes.              The Liberals have promised to increase taxes on the wealthiest one per cent,       while the NDP want to raise the corporate tax rate.              Another government could also just repeal the legislation.              So if Canada finds itself with a minority Conservative government after Oct.       19, would Harper let the other parties topple his new government over it,       perhaps plunging the country into another election? Harper wouldn't say.              "I'm not going to get into discussing hypothetical situations," he said with a       smile.              The "tax lock" is a direct lift from British Prime Minister David Cameron's       re-election playbook.              It also bears the fingerprints of right-wing campaign consultant Lynton       Crosby, an Australian who is working with the Conservatives. Crosby is       credited with having helped secure election victories for Cameron and       Australian Prime Minister John Howard.              Harper's legislation would prohibit increases to federal personal and business       income taxes, sales taxes and "discretionary payroll taxes" such as employment       insurance and the Canada Pension Plan.              The Conservatives say the law would still allow them to close tax loopholes       and address "tax avoidance schemes."              Asked if there would be any consequences to a government breaking the "tax       lock," Harper didn't name any -- beyond the political.              "There are particular consequences for Conservative governments because people       expect Conservative governments in particular to keep taxes down, but when you       make a commitment there is a cost to breaking that commitment that's very       high," he said.              "I could cite a former president of the United States around that, but I won't       get into that particular discussion."              That appeared to be a reference to George Bush, the one-term U.S. president       whose famous 1988 promise -- "Read my lips: No new taxes" -- was broken in       1990 and came back to haunt him in 1992, when he lost to Bill Clinton.              Not surprisingly, Harper made political hay Friday with the Finance       Department's monthly fiscal monitor, which showed that Ottawa's surplus after       four months of the 2015-16 financial year was about $5.2 billion.              "We have yet another contrast between our Conservative economic action plan       and the reckless spending promises of the Liberals and NDP," Harper said.              "We are well on track for the second balanced budget in a row at the federal       level."              Earlier this month, the Finance Department said the government finished the       2014-15 fiscal year with a $1.9-billion surplus, the opposite of the       $2-billion shortfall that was predicted in the spring budget.              The 2014-15 surplus ended a streak of six straight deficits under the       Conservatives.              Harper has been relentlessly promoting his economic stewardship throughout the       campaign, but Friday he also took a Quebec-specific message to a closely       watched riding.              In 2011, the Conservatives lost Montmagny-L'Islet-Kamouraska-Riviere-du-Loup       to the NDP by nine votes as the orange wave swept the province.              Harper, who used Thursday's French leaders' debate to turn the niqab       controversy to his advantage, kept the issue front and centre on Friday.              His position that new Canadians should not wear face coverings while swearing       their citizenship oath plays well in Quebec, where a taxpayer-funded poll       suggests there is 93 per cent support for that idea.              On Friday, he essentially recited a new French-only Conservative ad in which       he lumps the niqab issue in with low taxes, good jobs and a comfortable       retirement as Quebec values the Tories protect.                     ----------------------------------------------------------       Miss a Tax Tale Miss a lot!       Visit the CRA SOTW Library at http://canada.revenue.agency.angelfire.com              ------------------------------------------------------------       Alan Baggett - http://www.taxcollectorsbible.com/ - Tax Collector's Bible              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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