Well, I suppose this will be marked as the first major policy announcement of the campaign. And so early (in the morning; it’s 930am, and I’m already out of the loop)!
A cut of the GST to 5% by the CPC.
We’ll see how this one turns out. I suspect it will be popular with the voting public. My economics undergrad education instilled in me a deep love for consumption taxes, but I plan on being filthy stinking rich and buying a lot of shit… so I’m torn about this move. You have to take what you can get, I suppose, and I somehow doubt that we’re going to see promises to cut the highest marginal income tax rate from any of the parties.
As real economists start to bitch and whine about the move, I’ll update this post. Later, skaters.
Update: Ah, both economists AND pollsters weigh in in one handy-dandy article. And that’s just the kind of shit I aim to bring you, the reader (not plural, b/c I’m not sure anyone actually reads this).
