The National Citizens Coalition says the federal surplus of $14.2 billion is an embarrassment and that the federal government needs to stop feeding at the public trough and provide meaningful and immediate tax cuts for low and middle income Canadians.
“In 2006 Canadians voted for change, they voted for a government that would stop wasting their money and provide financial accountability at the federal level” says NCC president Peter Coleman. “Instead, we have a government that is running a staggering surplus and is only willing to put at most a measly $30 back in the pockets of hardworking Canadians.”
“Prime Minister Harper should be looking at ways to substantially increase the basic tax exemption level and provide tax cuts to Canada’s middle income families,” says Coleman. “Boutique tax cuts mean nothing to the average Canadian – and the simple solution here is to provide broad based tax cuts that will see more money in the pockets of Canadians and less money sitting in the coffers of big government.”
We do not need bigger government and more spending, which is tempting when governments run such large surpluses. The federal government should be looking at ways to provide meaningful tax relief for the citizens that are hit the hardest with over taxation.