The typical liberal combination  of taxing the “rich” and spending like drunken sailors has Ontarians playing a gruesome game of catch-up with an ever mounting debt.

From Financial Post

 As a result, Ontarians can expect another $77-billion in deficits over the next five years. Under the current fiscal plan, the accumulated deficit will reach $187-billion by 2012-13, up $63-billion since McGuinty became premier in 2003-04.


McGuinty also implemented a number of damaging tax increases to help pay for his spending spree (i.e. the then-new Ontario Health Premium, cancellation of the planned elimination of the personal income surtax, and corporate income tax increases). In contrast, while Ontario increased personal and corporate income taxes, governments of all ideological stripes in Western Canada were busy improving the incentives for hard work, savings, investment and entrepreneurship by pursuing pro-growth personal and corporate tax reductions.


For example, Conservative-led Alberta decreased its corporate income tax rate (12.5% to 10%), as did Liberal-led British Columbia (13.5% to 10%) and Saskatchewan’s NDP and now Conservative governments (17% to 12%). In other words, while McGuinty significantly increased the cost of investing in Ontario, governments out west were moving in the opposite direction.


Fortunately for Ontarians, McGuinty partially realized his errors and changed course, announcing a phased-in plan to reduce the general corporate income tax rate from 14% to 10% by 2013.


McGuinty also reduced Ontario’s bottom personal income tax rate from 6.05% to 5.05% on Jan. 1 of this year. However, he left the middle and top personal income tax rates unchanged — Ontario’s personal income tax rates on skilled, educated workers remain among the highest in Canada.

Andrew Lawton in conversation with Michael Coren on free speech controversy in London Ontario.

From Strictly Right

I couldn’t have said it better myself. The scarce commentary of Claire Hoy is right on the mark on this occasion. He clearly outlines why Ontarians should have misgivings about reelecting the Ontario Liberals and Dalton McGuinty.

From Claire Hoy


It was McGuinty, not Harris, who made a stage show during his first successful campaign by publicly signing a document promising not to raise taxes, only to impose his health tax, one of the largest single tax hits in Ontario history.


It was McGuinty, not Harris, who tried to sneak the ill-fated Eco Tax through without any public knowledge or consultation, only to retreat in the face of widespread public anger.


It was McGuinty, not Harris, who forced the hated HST upon us, without the courtesy of mentioning the tax in his last campaign.


It is McGuinty, not Harris, who has spent like the proverbial drunken sailor while in office, wracking up a horrible $20-billion deficit and nearly doubling the provincial debt to $220 billion.


It was McGuinty – aided by current Toronto mayoralty hopeful George Smitherman – who wasted $1 billion in the E-Health scandal.


And for all the attacks against Harris by McGuinty over his mishandling of the Ipperwash disaster, it is McGuinty who has overseen the ongoing shame of Caledonia.


It is McGuinty, not Harris, (and again aided by Smitherman), who is responsible for Ontario hydro rates continuing to go through the stratosphere thanks largely to his ill-considered plans to spend billions backing his highly questionable – and outrageously expensive – Green Energy policy.