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|    Message 89,125 of 90,757    |
|    =?UTF-8?B?IijgsqBf4LKgKSAi?= to All    |
|    Harper & Co - from 'budget surplus' to '    |
|    22 Dec 14 14:17:47    |
      XPost: can.politics, bc.politics, ab.politics       XPost: sk.politics, man.politics, mtl.general       From: Panca@nyet.ca              We expect those families who will get a $2,000 tax break to start sharing their       largess with those less fortunate.       We expect to see thinner, healthier, and more active kids right across the       country.       We expect 'small businesses' to hire Canadians instead of temporary foreign       workers.       And we expect to see more single parents return to work because of the child       tax credit.              Yeah. . . right . . .       That's a HARPER government in charge in Ottawa. And when he plows the country       deeper into debt, we ALL pay for the interest rate on that debt from our       taxdollars.       Happy New Year, those who vote for Harper. You likely got yours. Now we have       to gift-give to the Harper government. . . . October 2015 or sooner.       ________________________________________              The Globe and Mail - December 22, 2014              Tory tax cuts added $1.6-billion to deficit, finance figures show              But Ottawa remains on track to post a smaller deficit than the year before                     The Conservative government's recent tax cuts have added $1.6-billion to the       deficit so far this year, but Ottawa remains on track to post a smaller deficit       than the year before.              Finance Canada released monthly tracking figures for Ottawa's bottom line on       Monday that show the federal government posted a $3.2-billion deficit in       October, in contrast to a $2.5-billion deficit in October, 2013. The report       said this reflects a $1.6-billion downward adjustment to revenues based on the       year-to-date impact of two personal income tax cuts announced that month that       were effective immediately: income-splitting for families with children under       18 – which the government calls the Family Tax Cut – and the doubling of       the       Children's Fitness Tax Credit.              Over the first seven months of the fiscal year that started April 1, the       federal deficit stood at $3.95-billion, a significant improvement over the       $12.8-billion deficit recorded between April and October of 2013. However the       figure is $1-billion higher than the government's stated target of posting a       $2.9-billion deficit this year.              Monthly deficit and revenue figures can fluctuate significantly.              Prime Minister Stephen Harper's government announced several tax cuts this       fall, including the two family tax cut measures. Two additional tax cuts will       take effect in 2015, including enhanced monthly payments to parents with       children under 18 through the Universal Child Care Benefit and an increase in       the child care expense tax deduction.              The government also announced a two-year tax credit for small businesses in       September.              Finance Minister Joe Oliver's Nov. 12 fiscal update indicated that the expected       cost of all of these measures will be $3.2-billion this year, $5-billion next       year and then slightly less than $5-billion-a-year going forward.              The update also indicated that the government expects a deficit of $2.9-billion       this year, meaning the package of tax cuts announced this fall had the effect       of moving Ottawa from a projected surplus to a projected deficit.       ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^              The government is projecting a $1.6-billion surplus in 2015-16. The Prime       Minister recently insisted that the surplus will be achieved even with lower       oil prices, which have a negative impact on federal revenues. <<==        ((+_+))              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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