At least we know where $4.3 billion of the $50 billion went to.
Think of it as “stimulus dollars” and/or “shovel ready money” used to bury the McGuinty government.
That money was used to kick start the HST in Ontario, with Flaherty using $4 billion of taxpayers borrowed money to provide McGuinty with the means to bribe Ontario voters with a $1,000 check, actually a $1,000 perpetual mortgage that can never be paid off by consumers via the 13% HST tax on everything.
This $4 billion was a win win for the Flaherty household. First, it isn’t Flaherty’s money to begin with. Second it provides the means by which the Ontario Conservatives can defeat the McGuinty government in the next election, as the HST is understandably highly unpopular, with two thirds of Ontarians opposed to the tax, notwithstanding the Flaherty funded $1,000 bribe. Third, the HST allows Flaherty to play to his true constituency, which isn’t the voters of Whitby-Oshawa, but rather the corporations who are getting a tax reduction under all of this, sustained initially by the $4 billion from Ottawa (read: you) and then the $2 billion a year from Ontario consumers (read: you).
With the HST, Christine Elliott now has two planks to her Leadership platform instead of just one She is the spouse of Jim Flaherty AND she professes to hate the HST.
I wonder what Christine Elliott says to the corporations who are the beneficiaries, when she speaks with them in private meetings? No doubt she has learned duplicity from the master of duplicity, her husband Jim Duplicity Flaherty.
From “no deficits in sight” to the “largest deficit in Canadian history”, in the space of six short months. That deficit would “only” have been $45.7 billion, if the need to defeat the McGuinty government at Flaherty’s wife’s behest, had not been top of the list of budget priority items.
Thursday, May 28, 2009
Posted by Fillibluster at 8:44 AM