In Their Own Words: Stephen Harper’s budget gives the most to those who need it least
April 23, 2015
Stephen Harper’s tenth budget gives the most to Canadians who need it the least. His priority is a $2 billion tax break for the rich. What’s more, Mr. Harper is doubling the TFSA limit by taking away tens of thousands of dollars in Old Age Security for seniors.
Here’s what the experts have to say:
“It’s of benefit to higher-income Canadians.”Sahir Khan, University of OttawaOttawa Citizen, 21 April 2015
“[T]he main benefits do accrue to those who are more well off.”Stephen Gordon, Université LavalOttawa Citizen, 21 April 2015
“[T]he benefit from doubling TFSA limits in the long run would overwhelmingly go to the wealthy.”Dennis Howlett, Canadians for Tax FairnessChronicle Herald, 21 April 2015
“The great majority of Canadians would enjoy no benefits.”Rhys Kesselman, Simon Fraser UniversityCBC News, 24 February 2015
“Benefits skew to higher income, higher wealth and older households.”Parliamentary Budget OfficerCBC News, 24 February 2015
Canada needs a better plan focused on strengthening the heart of our economy, the middle class.