Well, I'll be damned.
should I draw the conclusion that no one on this forum wants to find an answer to this question?
So it looks like both Harper and Ignatief are being decietful.
Harper was being honest when he said that there were no new tax cuts in the budget that was cast down by the opposition,
but he kinda glossed over the fact that there were cuts made for this year.
Ignatief was being honest about the cuts,
but he kinda glossed over the fact that he has already voted in favor of these cuts in previous parliment sessions.
which also makes him a decietful politician for him to suggest that he can stop or reverse the 2011 tax cut.
Instead Ignatief should have been clear that he would not be stopping a tax cut, rather he would have to increase taxes for 2012 and suffer the reaction from an economy when taxes are increased.
Also, another thing that ought to scare the hell out of us, is a politician promising to crank up taxes by more that a full percentage. The backlash could cost us jobs, when Canadians are enjoying an economic recovery
http://www.canadabusinesstax.com/corporate-income-tax-rates/
http://www.canadabusinesstax.com/corporate-income-tax-rates/Corporate Income Tax Rates | Canada Business Tax | Canadian Business & Corporate Tax Rates
The corporate tax rate will decrease as follows:
- 21% before January 1, 2008
- 19.5% effective January 1, 2008
- 19% effective January 1, 2009
- 18% effective January 1, 2010
- 16.5% effective January 1, 2011
- 15% effective January 1, 2012