Tories, NDP to Support Liberal Tax Cuts
Paul Martin's plan of using retroactive tax cut may just backfire on him - by passing them and not allowing him to run a campaign on them!
CFRA reports "The Conservatives and the NDP both say they won't vote against the Liberals on any of the income tax reductions promised in Finance Minister Ralph Goodale's fiscal update on Monday.
A report says the Liberals will introduce a motion for a 500-dollar increase in the amount of money Canadians can earn before they pay tax as soon as possible. The government could also bring forward a bill to reduce the tax rate for the lowest income rate to 15 per cent from 16 per cent as early as today."They then can keep this years tax cut while leaving things open for a budget after the election to adjust thing for 2006 and beyond - as the parties see fit - depending on the results of the election, of course.
Oooooops. There goes a plank from the Liberal election package. And since most people are blaming the Liberal brand for corruption - plank number two gone. Ship is taking on water - better be a good patcher.