Manitoba budget named a fiscal chaos with new taxes
Manitoba Finance Minister Greg Selinger unveils a sprawling budget showing 7.57 billion in revenue and 7.47 billion in expenditures for 2004-05, with a 3 million surplus target and a near empty Rainy Day Fund. The plan includes higher health costs, a 5 percent hike in prescription drug deductibles, and a new seven percent PST on professional services, totaling about 77 million in new revenue. The debt stands at about 19.3 billion as borrowings bolster the balance. The piece criticizes the tax and spend approach, noting impact on workers and the elderly.
MENTIONED IN THIS ARTICLE
Greg Selinger
Manitoba
Mr. Selinger
NDP
Doer
Selinger
Ottawa
C'mon taxpayers fight back against tax schemes rising
A sensational counternarrative promotes aggressive tax avoidance in Canada, outlining monthly RRSP contributions, income splitting, spousal RRSPs, deductible interest strategies, and mortgage maneuvers to reduce tax bills. It argues legality and praises investment television while warning of a sponsorship scandal context.
MENTIONED IN THIS ARTICLE
Paul Martin
Canada
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Good. Gart Turners Investment Television
Global Network