Europe’s Austerity Implosion

World leaders are doing their best to provoke a global economic downturn of epic proportions. Of course, it is politically hazardous for leaders to admit this. Democratic accountability can be inconvenient when leaders are obsessed with imposing economic austerity policies. The new Euro area agreement provides political cover for these…
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Debt By 1000 Tax Cuts

Stephen Harper knows he can’t come right out and reveal his radical agenda to downsize government. But if he gets his majority, expect Harper to slash and burn on the pretext that the federal debt and deficit requires massive an evisceration of government. Since he welcomes a future fiscal squeeze…
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The Trouble with Income Splitting

It appears likely that the Conservatives will announce a campaign promise to introduce “income-splitting”. Income splitting allows couples to divide their income between both partners for tax purposes. The Conservatives will try to depict it as a way to help Canadian families keep more of their hard-earned income. Don’t believe…
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