View Single Post
Old 01-24-2006, 01:31 AM  
FlyingIguana
aspiring banker
 
Join Date: Mar 2002
Location: toronto
Posts: 10,870
Quote:
Originally Posted by jigga
Taxes are very much tied in with the dollar.....you lower taxes, the economy does better, interest rates can be raised....currency stays strong. Dropping taxes does not necessarily mean that there will be a deficit, in fact the opposite can be aruged, it keeps the economy strong, creates more jobs (more potential revenue), less social assistance needs, UI etc.
worked in the states...

the conservative platform doesn't add up so them lowering taxes could hurt unless they don't offset the revenue decrease. if they're gonna lower taxes it should be corporate incentives to increase good jobs and spur productivity growth which is lacking. that would help much more than creating a few more jobs at zellers when people have a few more loonies in their pocket
FlyingIguana is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote