The subtext, of course, to the overwhelmingly positive response to the NB budget is what to do if you are a conservative. The rightest of the right wing think tanks, AIMS, was gushing like a love struck teenager in the…
Continue ReadingIs road building the best way to create jobs?
Nova Scotia will invest $1.9 billion over the next three years in infrastructure, one of the largest such commitments in the province’s history. Funds will be channelled through the Building for Growth plan, the premier’s office announced. Investment and job-creation…
Continue ReadingClarifying the corporate tax issue
In light of the Fraser Institute’s assertion that cutting the corporate tax rate a few points will stimulate massive new business investment, I thought I would refresh our collective memories about the overall impact of taxes on total business costs. …
Continue ReadingIt will ‘dramatically attract business investment’: Fraser Institute
I wonder if this guy even looked at it. Niels Veldhuis, senior economist at the Fraser Institute, called the corporate tax reductions a dramatic move by government. “This will drastically improve the investment incentives for not only businesses currently in…
Continue ReadingA little free advice to the pols
Here’s a little free advice to the politicians. If you are getting positive coverage of a budget on the editorial page of the Times & Transcript you are doing something wrong. For example, the T&T says: The Graham government has…
Continue ReadingMassive corporate tax cuts
Hey, I read this morning that New Brunswick is getting a massive corporate tax cut. $6 million worth in 2009 alone! There are 40,000 businesses in New Brunswick. That’s a cut of $150 per business per year or about $3…
Continue ReadingTax consumption
I have already received two emails this morning aghast at my notion of increasing the HST by 4 points. Think about this for a minute. I am not calling for a 4 point increase in the HST and that’s it. …
Continue ReadingGinning up the numbers
This must be coming into the vernacular – I have heard the term ‘ginning up’ on several ocassions lately. That’s what I feel when I see stuff like this which was taken directly from a Statistics Canada report. Now…
Continue ReadingLowering taxes
It looks like there is going to be some form of blanket tax cut – corporate and personal coming in New Brunswick. The reality is that it will be very small – percentage wise – and only save people a nominal…
Continue ReadingIt’s better to have loved… Redux
Recession anxiety lower in Atlantic Canada — poll According to the results of the national survey, conducted between Feb. 26 and March 2, only 10 per cent of Atlantic Canadians fear they will lose their job sometime in 2009, compared…
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