The Ontario Budget was released this week, and by and large it favours businesses in Ontario. Generally that is not a bad thing - business after all creates all the REAL jobs and ALL the wealth of this province. Corporate taxes will be cut, the sales taxes will be "harmonized" and the investment climate here in Ontario has improved. How do the Liberals make up for revenue losses? Do they cut superfluous programs, reduce the size of government? Forget that. The new 13% harmonized sales tax now covers a much broader range of goods and services and consumers will have a greater portion of income go to taxes. But the Liberals feel bad about this so they will "give back" up to $1000 per family in three cheques, June 2010, Dec. 2010 and June 2011. Isn't that nice? Oh, by the way there is an election in Oct. 2011 and this money has nothing to do with buying your vote. Right.
I'm psychic. The Economist, a major British magazine came out with this:
Prohibition has failed; legalisation is the least bad solution
I didn't know about this article - but it hearkens back to my previous entry (see March 25). Do I feel vindicated? No, not until governments start to wise up and think smarter.........and pigs will fly.