Houston unbalanced the books with unwise tax and toll rollbacks, then used massive deficit to rationalize slashing crucial programs and public services

https://www.halifaxexaminer.ca/commentary/houston-unbalanced-the-books-with-unwise-tax-and-toll-rollbacks-then-used-massive-deficit-to-rationalize-slashing-crucial-programs-and-public-services/

Just the three big revenue streams that Houston cancelled — $272.4 million for HST (that benefits those with the money to allow them to be big spenders), $160 million for income tax bracket changes, $40 million for bridge tolls (that primarily benefit people in HRM but have to be made up for by everyone in the province) — add up to $472.4 million.

The cuts save the provincial government just $304.9 million.

With the tolls now gone, the province is budgeting $120.1 million for Halifax Harbour Bridges.

No matter how you slice and dice it all, the fact is that Houston-the-professional-accountant seems to have badly messed up the province’s accounts.

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