The Liberal Government’s tax plan is nothing but a sham that adds to the nation’s quickly growing deficit, Edmonton West MP Kelly McCauley said today.
Yesterday, MP McCauley spoke out against the Liberal Government’s tax plan in a speech to the House of Commons.
“This tax cut, while sounding good in a press release, is nothing more than a sham,” said McCauley.
“One of the promises made by this government was that this new tax plan, a plan that would cut taxes for the middle class, would be made revenue neutral through a tax hike on the wealthy.”
“This tax plan is not revenue neutral, and will in fact, cost the Canadian taxpayers over $1 billion.”
The stunning admission of this fact came from Finance Minister Bill Morneau, who admitted in a press conference that the tax plan proposed by the Liberals would set the federal government back by at least $1.2 billion.
“I call this tax plan a sham because while it may seem like most Canadians are getting a tax savings, they are actually receiving a future tax hike. This tax cut simply does not make sense,” said McCauley.
You can watch MP McCauley’s full speech below.