muller877
Senior Member
This is reasonably accurate.
The NDP are proposing deficits roughly 1/2 the size of the Liberals by raising corporate tax from 11.5% to 13% as well as by raising taxes on those earning greater than $200,000 per year.
This can be seen in their platform here:
https://www.ontariondp.ca/platform
Of course they still envision deficits as do the competing parties. No one is proposing a return to balance in the near term.
They of course assume that this will not drive away employees or high-growth industries. Plus a 55% tax rate is unpalatable for a lot of people living in Silicon Valley or NYC looking move. Here comes another recession if this happens.
If she is elected she (and all of Ontario) will have the same day of reckoning that occurred with Bob Rae. Immediate cuts to transit, etc just to keep the lights on at Queens Park