“Tax and Spend” Will Cost Jobs; Not the Answer
May 27, 2010

OTTAWA  –  “Michael Ignatieff has once again demonstrated his intellectual bankruptcy,” declared Leon Benoit, Member of Parliament for Vegreville-Wainwright. “Our government has been working diligently to assist Canadians during the global recession while cutting taxes, allowing them to hang on to their income when they need it most. Mr. Ignatieff’s Liberals, however, want to introduce massive tax hikes that will do serious damage to our economy.”

Benoit reiterated the Conservative commitment to maintain economic stability while continuing with promised tax cuts. “Canada’s Economic Action Plan, introduced by our government, has provided economic stimulus for two years, and created 285,000 jobs. At the same time, we’ve cut taxes over 100 times for Canadians. Our tax policies have encouraged job growth by helping Canadian businesses, and have given Canadian families the financial help they need during these tough economic times.”

“But,” Benoit continued “Mr. Ignatieff has promised to hike taxes to fund big spending programs that won’t really help Canadians. His tax proposals will derail our economic stability, and worse, cost Canadian jobs.”

Benoit went on to describe Mr. Ignatieff’s tax increase plans, which include:

  • A 2% GST hike, which will overturn the Conservative GST decrease;
  • Massive job-killing business taxes; and
  • A carbon tax which Canadians have previously rejected.
Benoit also cited a recent study by a group of experts at the University of Calgary: “According to research, the implementation of Michael Ignatieff’s tax increases could kill almost 400,000 jobs.”

“Canadians simply cannot afford Ignatieff’s tax increases,” Benoit concluded. “The Liberal “tax and spend” agenda is not the answer. Our government will continue to deliver promised tax cuts, promote economic growth, and ensure that Canadian jobs are retained.”