Wealthy Canadians should pay a special surtax to help slay the deficit, the Bloc Quebecois says.From the London Free Press. Such a simple and sensible idea, yet the other parties are reluctant to talk about it. News flash -- not all tax increases are bad.Monday, the Bloc became the first party in the House of Commons to propose costed measures to eliminate the $56-billion federal deficit, including drastic cuts to the civil service.
“There are people who do not pay their fair share of taxes,” said Bloc finance critic Jean-Yves Laforest.
The party championed a temporary tax on the rich, similar to a plan U.S. President Barack Obama proposed, where Canadians with a taxable income above $150,000 would pay an extra 1%. The measure would affect 450,000 people and add $1.5 billion to federal coffers, according to the Bloc’s estimates.
Showing posts with label surtax. Show all posts
Showing posts with label surtax. Show all posts
Tuesday, October 6, 2009
The Bloc rushes in where federalists fear to tread
And justifiably so, in this case:
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