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Mitchell on HST |
Letter to the Editor To Comment on this article Click Here |
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To the Editor:
On Canada Day, July 1, we celebrated what we have achieved together. A lot has been written about our comprehensive tax package and the HST. Much of it has been filled with misinformation and half truths. I wanted to take the opportunity to deliver the facts. Our tax reforms boil down to three things: more jobs, more investment and higher wages. It’s that simple. According to tax expert Jack Mintz from the University of Calgary, our tax package will result in $47 billion in new investment and almost 600,000 new jobs. We need to remember what’s at stake: 600,000 more people working, 600,000 more families who can provide the same quality of life our parents gave us, and 600,000 more people supporting the strong public services like our schools and hospitals. While many Ontarians agree that more jobs and more investment are good things, they are also concerned about how tax changes affect them and their families. Our tax package will cut income taxes for 93 per cent of Ontarians and will mean that 90,000 of the lowest income Ontarians will pay no income tax. We are introducing a permanent Ontario Sales Tax Credit of up to $260 per person per year. And we are providing property and energy tax credits to help people deal with additional expenses. We have a choice, together we can emerge from the global economic recession stronger and more competitive or we can do nothing and watch jobs and prosperity move to other places. Sincerely,
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