The Conservatives were right on taxes.
The solution to government’s spending problems is cutting down expenses, not raising taxes. Imposing new taxes on the people is not the solution. It’s the problem.
These observations are based on latest data from a truly eye-opening report by Fraser Institute which shows that an average Canadian family spends much more on taxes imposed by the government than it does on basic necessities including food, housing, and clothing combined.
What the data says
“It is clear that taxes have become the most significant item in family budgets, and that taxes have grown more rapidly than any other single item,” says the report.
The report also presents data to back its claims. For instance, consider the comparison between the money spent on taxes and basic necessities by an average Canadian family in 2015. Last year, a Canadian household spent $30,293 on housing, food, and clothing combined. Compared to that, they paid $34,154 in total taxes—around $4,000 more than what they spent on basic necessities.
What it really means
Receiving these dismal statistics in the week in which we saw some of the worst examples of wasteful spending by Liberal ministers says a lot about the state of affairs in the country and the government’s approach to resolving the issues of public finance.
We have constantly heard boastful claims by the Liberal politicians that the economy is thriving. On surface, it sounds quite pleasant. At first glance, it seems all is well. But this is just another way to mask the truth.
Giving the economy a boost by imposing a new tax is easy. Cutting down wasteful expenditures bit by bit in a systematic fashion is hard. This report is an example that the taxpayer money is not only keeping the economy afloat, but it’s also funding the lavish lifestyle choices of Liberal politicians.
The Harper government was right, under the liberals everything would cost more.
It’s time now that this must come to a stop.