MONTREAL—Liberal leader Michael Ignatieff promised if elected to cancel $6 billion a year in the Conservatives' planned corporate tax cuts to pay for what the Liberals are portraying as a more caring, environmentally friendly and smarter society in the years ahead.
“We've got to create fiscal room to realize some dreams,” Ignatieff said after a three-day thinkers' conference.
The Conservatives' commitment to continue phasing in billions of dollars in corporate tax cuts at a time when Ottawa is running a $54 billion annual budget deficit has been harshly criticized by the New Democrats. But Ignatieff's vow to freeze business taxes came as a complete surprise to observers and Liberals.
We have a clear choice: tackling the Conservative deficit and starting to invest in our future, or giving further tax cuts to corporations before when we can afford them,” Ignatieff explained.
http://www.thestar.com/news/canada/article/786750--ignatieff-promises-to-freeze-corporate-tax-cuts?bn=1What a way to build a consensus. Seems like he just pulled it out of a hat. Sort of like profs do to first year students.