We Need Broad Based Tax Relief

Despire the headline of this National Post article Jim Flaherty seems to be downplaying the idea of a spring GST cut. While also talking about the fiscal "balance" (I guess imbalance polled badly) and capital gains taxes.

So far the new Conservative government's fiscal record is disappointing to say the least. The first GST cut was good, but it was accompanied by an income tax hike, redistribution of wealth from those without young kids to those with young kids, and now wiping out billions of dollars of investments (with a compensating tax cut only to those who are over 65). Personally speaking the new Conservative government has been a big negative to my finances. I'm sure a lot of other people are in my situation.

While I'm completely supportive of a capital gains tax reduction the benefit is skewed towards certain segments of society. The new Conservative government's focus should be on broad based tax relief like the GST and personal and corporate tax cuts.

Our EDA has a couple hundred "Cut the GST" lawn signs in storage, maybe it's time to break them out.