Budget 2017: Another Budget, Another Massive Liberal Deficit
OTTAWA – Mark Strahl, MP for Chilliwack-Hope says that the Liberal Government's 2017 budget is a failed economic plan and Canadians are paying the price.
"Chilliwack and Hope residents hoping for a change from the out of control tax and spend Liberal plan will be disappointed,” said MP Strahl. “The Government continues to borrow and spend billions of dollars in that will have to be paid back by future generations."
The budget confirms that the Prime Minister broke his election promise to keep deficit spending under $10 billion a year and to balance the budget by 2019.
Instead of limiting his out-of-control spending, the Prime Minister wants to borrow billions more.
Budget 2017 hikes taxes on:
- Public transit users
- Uber and ride sharing
- Beer and wine
- Donated medicines
- Child care
- Small business owners
- Oil and gas companies
The Liberal government has already raised taxes on Canadians by:
- Hiking taxes on gasoline and home heating
- Increasing taxes on Canadians' savings accounts
- Implementing more payroll taxes for businesses
- Ending tax breaks for children's soccer and piano lessons.
The Liberal government has borrowed more than they promised. The deficit in 2016-2017 will be $23 Billion. The deficit in 2017-2018 will be $28.5 Billion.
“At a time when the cost of living is getting more expensive for Canadians, the Liberals continue to make life less affordable through higher taxes,” concluded MP Strahl.
"Justin Trudeau’s priorities are not the priorities of ordinary hardworking Canadians. Conservatives will continue to be the voice of the taxpayer and will fight back against this high tax, high spending plan."