Elections are about choices and I think foolishly that last October, 39 percent of the Canadian electorate voted for Justin Trudeau and his Liberals to lead the country.
We’ve already seen the Liberals raise taxes on the wealthiest Canadians.
Now while the people at the top make the most money, they also already pay the most in taxes. The Liberals promised they would cut taxes for the middle class but raise taxes on the wealthy, and that the moves would be revenue neutral. Now the claim is they will have a $1 billion shortfall.
Small businesses could see a tax hike, too.
(Or at least, the wrong kind of small business, in Trudeau's eyes...)
Then there is the Liberal promise to crack down on stock options.This is something that makes the Liberals sound like they are standing up for the little guy against the robber barons.
The truth is they will be hurting start up companies, where stock options are used to reward top talent when start up companies cannot pay them a full salary.
Then finally there is the promised carbon tax.
I don’t believe Canada is in deficit now, or at least we were not when Trudeau took the reigns of power, but we will be soon when Trudeau’s spending kicks in and we will stay in deficit for a long time when his economy killing taxes take hold ruing the prospect of any kind of recovery.
NEXT: Aaron Wudrick of the Canadian Taxpayers Federation warns that the situation is only going to get worse.
THEN: The full cost of Trudeau's refugee rush: Why we may never actually know what that number is.
FINALLY: Your messages to me, about how I'm doing as Ezra's temporary replacement, and more.