An Ontario resident earning $80,000 a year would pay about $195 less in taxes in 2009 than he or she would have otherwise, said Tim Cestnick, managing director of national tax services for mutual fund company AIC Ltd. "The savings amount to about a cup of coffee a week."Ah gee... thanks guys.
Our esteemed Finance Minister, Mr. Goodale claims:
"I am announcing today a set of new measures that will provide further relief to tax payers — especially low-and-most income Canadians, as specifically recommended by this House last fall," he said.So his idea of tax relief is $195 dollars in the year 2009? What particular weed are you smoking there Ralph? And while I'm at it, what the hell does "low-and-most income Canadians" mean?
Altogether it hasn't been a good year for taxpayers in Ontario. First we had Dalton McGuinty implementing a health levy of up to $900. According to the McGuinty and the Ontario Liberals it wasn't a tax increase.
Now we have a tax cut that amounts to $195 in a couple of years.
Either I've got to read the dictionary a bit more often or Liberals speak a different languange than I do.