
Stephen Harper is on the neo-conservative track to fiscal ruin. He's given up on deficits. How can you tell? By his insistence on going ahead with corporate tax cuts.
Taxes are, of course, how government pays its bills. When tax revenues fall short, government makes up the difference by going into debt, by borrowing. But Bush/Cheney set the bar for fiscal irresponsibility by introducing a witches brew' of borrowing coupled with tax cuts and topped off with two foreign wars and reckless financial deregulation.
When you're already deep in deficits, the only way you can fund tax cuts is by borrowing the money. You get yourself in hock to lenders so that you can take taxpayers off the hook. It's pure, neo-conservative ideology straight from the Bush/Cheney playbook and you can find the payoff in the current disastrous state of the American economy.
Stephen Harper is a neo-conservative ideologue, a reactionary blinded to reality. Harper's tax cuts merely shift the burden to the non-exempted taxpayers - the rest of us - but he hasn't got the guts to be upfront and raise our rates so he defers the impact by borrowing the money we'll have to repay, with interest. And this is the joker who promised to "Stand Up for Canada"?
Taxes are, of course, how government pays its bills. When tax revenues fall short, government makes up the difference by going into debt, by borrowing. But Bush/Cheney set the bar for fiscal irresponsibility by introducing a witches brew' of borrowing coupled with tax cuts and topped off with two foreign wars and reckless financial deregulation.
When you're already deep in deficits, the only way you can fund tax cuts is by borrowing the money. You get yourself in hock to lenders so that you can take taxpayers off the hook. It's pure, neo-conservative ideology straight from the Bush/Cheney playbook and you can find the payoff in the current disastrous state of the American economy.
Stephen Harper is a neo-conservative ideologue, a reactionary blinded to reality. Harper's tax cuts merely shift the burden to the non-exempted taxpayers - the rest of us - but he hasn't got the guts to be upfront and raise our rates so he defers the impact by borrowing the money we'll have to repay, with interest. And this is the joker who promised to "Stand Up for Canada"?



