When will our politicians realize that taxing the rich to give to the poor is really taking from us all? The $3000 increase in the Basic Exemption the Liberals announced will simply be countered by hiking the top marginal rates. Yecch! The Economic and Tax analyst, Jack Mintz, said that the former may encourage people at the low end to enter the workplace. But, if that is true, they may find that there is no job there due to the latter. Notice that that is not a problem for American low income workers. That's because the American job creator as well as the job holder got breaks. In the US, Trump gave to Peter so he could give to Paul.
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