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	<title>CleverMonkey &#187; Tax Cuts</title>
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		<title>CleverMonkey &#187; Tax Cuts</title>
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		<title>Today: Second Reading of the &#8220;New&#8221; Budget!</title>
		<link>http://clevermonkey.wordpress.com/2006/10/25/today-second-reading-of-the-new-budget/</link>
		<comments>http://clevermonkey.wordpress.com/2006/10/25/today-second-reading-of-the-new-budget/#comments</comments>
		<pubDate>Wed, 25 Oct 2006 06:16:03 +0000</pubDate>
		<dc:creator>clevermonkey</dc:creator>
				<category><![CDATA[Blogroll]]></category>
		<category><![CDATA[Budget]]></category>
		<category><![CDATA[Conservatives]]></category>
		<category><![CDATA[Federal Budget]]></category>
		<category><![CDATA[Harper]]></category>
		<category><![CDATA[Harper Government]]></category>
		<category><![CDATA[Tax Cuts]]></category>

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		<description><![CDATA[Before I start, let me just say that the Leafs got pummeled tonight, my lord.  That should make a few of my Ottawa friends happy.  Arsenal won their Carling Cup match today, so I can&#8217;t be worried, the world still has meaning&#8230;  Now for the budget.
I can&#8217;t wait to see the reactions [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=clevermonkey.wordpress.com&blog=497607&post=6&subd=clevermonkey&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p><em>Before I start, let me just say that the Leafs got pummeled tonight, my lord.  That should make a few of my Ottawa friends happy.  Arsenal won their Carling Cup match today, so I can&#8217;t be worried, the world still has meaning&#8230;  Now for the budget.</em><br />
I can&#8217;t wait to see the reactions this budget causes now that MPs staffs have had the chance to peruse Harper&#8217;s new budget in detail.  Harper made several claims about this budget in his <a href="http://www.pm.gc.ca/eng/media.asp?id=1174">address in London Ontario</a> on the 24th of October.  Some of these included:</p>
<blockquote>
<ul>
<li>Cuts the taxes paid by Canadian individuals, families and businesses of all sizes.</li>
<li>Cuts two dollars in taxes for every dollar in new spending.</li>
<li>To deliver $20 billion in tax cuts to Canadians over the next two years.</li>
<li>29 different taxes reduced. (We&#8217;ll see which 29)</li>
</ul>
</blockquote>
<p>Harper also stated that, &#8220;&#8230;there will be no capital gains tax on securities donated to charity.  Which will mean a major infusion of new money to social and cultural agencies across this country.&#8221;  It will be interesting to see whether this will also indicate that Harper plans to cut additional government funding from social programs&#8230;. On second thought that probably isn&#8217;t much of a question, I suppose the real question is how much he&#8217;ll cut.   We&#8217;ll see&#8230;.</p>
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