Even without the full details, there are other reasons to doubt his promise. For starters: there aren't a million unemployed people in Ontario.
Income splitting is terrible policy that would have negative economic impacts. It provides little for parents who need help, while lining the pockets of those who don't.
Because of an unfair tax loophole, only half the income from stock options is taxable.
A review is greatly needed given the well-justified calls for revenue sharing from First Nations and municipalities and the numerous proposed mining projects that are advancing across the province.
Our tax system is riddled with unfair and ineffective loopholes that cost federal and provincial governments a lot of money and disproportionately benefit higher income taxpayers.
Canadian senators who earned $2-million in stock options from non-Senate work didn’t have to pay income tax on 50 per cent of that money.
Canada is the 17th most secretive country in the world when it comes to financial transactions, according to an index released today by our partners at the London-based Tax Justice Network.
The reality is that the top 1% actually pay less of their income in all forms of taxes than the bottom 10%. Why? Tax loopholes.
Taxpayers like you and me will be padding the bottom line of already profitable multinational corporations.
Canada is not immune to sophisticated, multi-billion-dollar global schemes that involve money laundering and hidden assets.