The federal government's recent budget chopped personal taxes by about half as much as was advertised and actually lowered take-home pay for many Canadians, a new report by a leading economist says.
Dale Orr, chief economist at Global Insight (Canada) and the report's author, said the government's claims aren't accurate if you compare the budget's cuts against tax rates now in effect. Instead, the government compared the new post-budget tax levels to those from the most recent legislation, which don't include the cuts made by the Liberals late last year.
But the new report on the government's budget claims is important for two reasons: The Harper government prides itself on putting more money into taxpayers' pockets, and the Tories have spoken frequently about the importance of running a more open, honest government. Accountability was one of the government's five top priorities.
Apparently, dishonest propaganda is the real top priority of this government.