Liberals’ income tax cut to cost more in lost revenues than planned, PBO says
"A report from the budget office this morning says the tax break will result in just under $21.5 billion in lost tax revenues through to March 2024, compared to the $18.9 billion the Finance Department reported in December."
This means that all people will have to pay through other increased taxes or reductions in services. If that were not bad enough:
"The report also suggests the biggest beneficiaries of the tax cut will be those earning between $103,000 and nearly $160,000 a year."
You can expect Liberals to want to deflect attention on attacks on the NDP to make up for the fact that their tax cut was either incompetent or a fraud.