Ms. Horwath wants to tax the rich even more, and has a way to magically create jobs using taxpayers money. Hmm, wasn't that trick was used for GM and Chrysler?
Ms. Horwath is proposing that the McGuinty Liberal government redirect $250 million in planned spending on business subsidies (she has a point there, what a waste that would have been) to a new tax credit that ties government handouts to new hiring. Employers would be reimbursed for 10% of the salary paid to each new employee in the first year, up to $5,000. Genius, sheer genius. So, we get a new rule, making government even more complex than it is, and even more government intervention into the marketplace. Its win-win for the politicos!
You've got to hand it to her she has good intentions, but even the best of intentions often don't work.
Have a look at this excellent little video on minimum wage, a good intention gone awry.