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Income tax savings 'claims are flagrantly misleading'
to the editor,
Posted April 1, 2014
I have just read Simcoe-Grey MP Kellie Leitch's Income Tax Guide which came in the mail. It appears that the mailing is identical to the one she sent around last year.
This undated 16 page document is a political travesty extolling the Harperite view on lowering personal taxes. It lists "160 different ways helping you and your family save more than ever before." It also states that a fictitious couple would save $3,400 in taxes each year.
These claims are flagrantly misleading as the federal income tax rate has not changed since the Conservatives came to power. Also, the fantasy couple would have at least a six figure income and spend more that $50,000 a year on consumables. Very few Canadians would receive any of these tax benefits.
MP Leitch's allegation of tax cutting is misleading and untrue. The Harperites have increased taxes greatly in the last four budgets on everything from hospital parking to gasoline. The Fraser Institute's Tax Freedom Day has been increasing since 2008.
With the considerable Conservative tax cuts to business and industry, individual Canadians are carrying a lager income tax burden Also, these commercial tax reductions and the consecutive Federal deficits have increased our national debt by $165 billion. Any tax cuts claimed are being paid with borrowed money which passes our economic problem on to future generations. Not very bright.