Jim Hendry, editor of the Peterborough Examiner, has issued a new piece “Lower corporate tax cuts are an economic winner” for the multi-corporate news agency.
And yet Harper proposes an upcoming leap to 100,000 new jobs with the latest $6 billion giveaway. The previous $54 billion of incentives to the largest corporations did not stimulate recognized job growth. So how is the current $6 billion reduction supposed to jumpstart our economy?
“What’s happened is this money was either paid out in profits or they are just sitting on it, which is not what you want in a recession,” explains David MacDonald of the Canadian Centre for Policy Alternatives.