Analysis: Are Canadians going to get behind Mark Carney's 'generational' budget?

https://www.cbc.ca/news/politics/budget-carney-champagne-generational-analysis-9.6966623

26 points · 2 comments · view on lemmy.world

2 Comments

sbv@sh.itjust.works · 13 pts · 300d

The single biggest item line over the five-year plan is an $56.6-billion investment in the Canadian Armed Forces. The second-biggest expense is actually the income-tax cut that the government passed in June ($27.2 billion).

Which tax cut? Oh, that tax cut:

"Those earning below the taxable threshold or relying heavily on non-refundable tax credits will see minimal benefit, while high earners will only benefit from the reduced rate on the first $57,375 of income."

rjpayne@lemmy.ca · 2 pts · 300d

No