home bbs files messages ]

Forums before death by AOL, social media and spammers... "We can't have nice things"

   ont.politics      Ontario politics      90,757 messages   

[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]

   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)   

[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]


(c) 1994,  bbs@darkrealms.ca