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Saturday, January 07, 2006

Stephen Harper's Tax Plan: Let Them Eat Cake!

So according to the CBC the Tories are going to increase income taxes on lower-income canadians. This is the first big screw-up by the tories in this campaign.

This is the tory "hidden agenda" that we have precisely been trying to warn Canadians that this what they are going to do by not even bothering to think about what impact voting Conservative will do.

The Conservatives say a Stephen Harper government would raise the rate on the lowest tax bracket back from 15 per cent back to 16 per cent in their first budget, probably in April. As well, the basic exemption, income on which no tax is charged, would be dropped by $400 in the same budget.


Okay now correct me if i'm wrong but the basic exemption for 2006 will be $9,039 and if they are going reduced that then it will be $8,639 which will be even lower then the $8,648 for basic exemption in 2005.

In my opinion, it seems the tories are running on a "Let Them Eat Cake" plan, I would expect Jack Layton and Gilles Duceppe to probably say something negative about this plan.

Low-Income Canadians have no reason to vote for the Conservatives for that matter, I admit the Low-Income vote will split between the New Democrats and the Liberals outside of Quebec, The Low-Income vote will almost definitely go to the Bloc Quebecois.

I'd like to also point out I made an earlier post comparing Harper to Mike Harris, and I was right! Harper is nothing more then a Mike Harris clone, soon poor people will be seeing their welfare slashed by astounding rates if you vote this man in. You may say it's fear mongering but it's just the facts, if you don't believe me go right here and read what the Tories actually think of certain issues.

Also, I did manage to dig up a story on a Tory riding official that happened way back in 2004 “Ed Odishaw who was co-chairman of the Conservative party's election campaign in B.C. in 2004, was forced to resign following disclosure that the B.C. Law Society was investigating his conviction under the Income Tax Act when he invested in a company named Austpro Energy, of which the company report stated that Odishaw directly and indirectly owned 1,127,231 company shares; which last traded at two cents on November 11, 2003. It is no longer actively trading on the Toronto Stock Exchange.

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