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Thursday, April 25, 2024
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Geoffrey Turner

Federal budget continues to neglect our tax system

  • TORONTO⁠—Budget 2022 has been criticized for its excessive spending and failure to forecast balance, with the government’s flawed “fiscal anchor” normalizing persistent deficits adding
Opinion | BY GEOFFREY TURNER | May 18, 2022
Finance Minister Chrystia Freeland and the Liberal government view our tax system as a social engineering tool to generate maximum revenue for highly progressive redistribution, and to fund massive spending programs, writes Geoffrey Turner. The Hill Times photograph by Sam Garcia

Federal budget continues to neglect our tax system

Opinion | BY GEOFFREY TURNER | May 18, 2022
  • TORONTO⁠—Budget 2022 has been criticized for its excessive spending and failure to forecast balance, with the government’s flawed “fiscal anchor” normalizing persistent deficits adding

Federal budget continues to neglect our tax system

Opinion | BY GEOFFREY TURNER | May 18, 2022
  • TORONTO⁠—Budget 2022 has been criticized for its excessive spending and failure to forecast balance, with the government’s flawed “fiscal anchor” normalizing persistent deficits adding
Finance Minister Chrystia Freeland and the Liberal government view our tax system as a social engineering tool to generate maximum revenue for highly progressive redistribution, and to fund massive spending programs, writes Geoffrey Turner. The Hill Times photograph by Sam Garcia

Federal budgets should target balance, not the inadequate fiscal anchor

  • Budget 2022 claims fiscal responsibility by adhering to the fiscal anchor of a declining debt-to-GDP ratio over the next five years, without ever projecting
Opinion | BY GEOFFREY TURNER | April 25, 2022
While Finance Minister Chrystia Freeland properly urges in her foreward that 'the extraordinary debts we incurred to keep Canadians safe and solvent must be paid down,' the budget does the opposite by adding $150 billion to that debt over the next five years, reaching a total exceeding $1.3 trillion, writes Geoffrey Turner. The Hill Times photograph by Sam Garcia

Federal budgets should target balance, not the inadequate fiscal anchor

Opinion | BY GEOFFREY TURNER | April 25, 2022
  • Budget 2022 claims fiscal responsibility by adhering to the fiscal anchor of a declining debt-to-GDP ratio over the next five years, without ever projecting

Federal budgets should target balance, not the inadequate fiscal anchor

Opinion | BY GEOFFREY TURNER | April 25, 2022
  • Budget 2022 claims fiscal responsibility by adhering to the fiscal anchor of a declining debt-to-GDP ratio over the next five years, without ever projecting
While Finance Minister Chrystia Freeland properly urges in her foreward that 'the extraordinary debts we incurred to keep Canadians safe and solvent must be paid down,' the budget does the opposite by adding $150 billion to that debt over the next five years, reaching a total exceeding $1.3 trillion, writes Geoffrey Turner. The Hill Times photograph by Sam Garcia
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