Master Liberal spin-doctor John McCallum (
I understand that the global economy, the Canadian economy is fragile, so I want the business community, the financial community to know that should we form the government, that the stability of our financial system and of our economy will be uppermost in our mind ….
This might very well be true as far as it goes, but what the old Bay Street fox didn’t talk about is precisely what was scaring the heck out of his banking pals: corporate taxes.
Yes, the same corporate taxes socialist leader Jack Layton promised to hike if he got the chance.
Well, guess what, folks, if John McCallum and his Liberal party form a government it be at the pleasure of Layton’s NDP.
And the last time a Liberal government—under Paul Martin—bought the support of the socialists, it paid for it with a promise not to reduce corporate tax as it had proposed to do in its recently tabled budget.
I wonder how McCallum reconciles his assurance that “…the stability of our financial system and of our economy will be uppermost in our mind,” with massive—“$47 billion over five years”—job-killing corporate tax increases?
Remember? McCallum’s boss, Liberal Leader Stéphane Dion called Jack’s idea a “job killer” only a few week ago, when he asked: