After months of anticipation, the Liberals unveiled the first real plank of their policy book yesterday, being their tax plan as it relates to middle class families. By restructuring the current universal childcare benefit, eliminating income splitting, and introducing a new tax bracket on those earning over $200,000 per year, Trudeau has proposed a income tax cut for the “middle class,” along with childcare benefits that will be more means tested than the current system, all under the banner of “fairness.” Immediately the government was apoplectic, and Pierre Poilievre, incredulously, tried to spin it as the Trudeau Tax™ and that somehow eliminating the doubling of TFSAs was a “tax hike” on those earning more than $60,000 per year (never mind that that income was already taxed, and that bracket got the income tax cut). The NDP insisted that the plan wouldn’t give a tax cut to “two-thirds” of Canadians, but when challenged on how they would cut those taxes, they instead pivoted to “childcare!” Emmett Macfarlane is glad there are now concrete proposals to debate, while John Geddes has three questions about the proposal. Kevin Milligan and Lindsay Tedds give more of the economic details and analysis.
Tag Archives: Wade MacLauchlan
Roundup: Yes, governing is political
Your best political read of the weekend was a Twitter essay from Philippe Lagassé, so I’ll leave you to it.
https://twitter.com/pmlagasse/status/569515068326457344
https://twitter.com/pmlagasse/status/569515450780020736
https://twitter.com/pmlagasse/status/569515909972434945
https://twitter.com/pmlagasse/status/569516334192701440
https://twitter.com/pmlagasse/status/569516761273532418
https://twitter.com/pmlagasse/status/569517336677507073
https://twitter.com/pmlagasse/status/569517603938369536
https://twitter.com/pmlagasse/status/569517862274142209
https://twitter.com/pmlagasse/status/569518893456171008
https://twitter.com/pmlagasse/status/569530939325296641
https://twitter.com/pmlagasse/status/569531442990088193
https://twitter.com/pmlagasse/status/569532019685908480
https://twitter.com/pmlagasse/status/569532280991055872
Lagassé, who was part of the fighter jet replacement options analysis task force, reminded us then as reminds us now that we need to stop behaving like we should be in a technocracy, that there are political considerations and debates that need to be had, and that ministers decide things for which there is always a political calculation. This is not a bad thing, though we may disagree with the final decision. The great thing is that we can hold those who made the decisions to account – something you can’t really do in a technocracy, so can we please stop pretending that it’s the way our system is supposed to operate?