Instead, Morneau has spent his rookie years abandoning pledges and implementing policies that have no hope of achieving the promised results. The “middle class tax cut” proved to be a windfall for people earning up to $90,000 a year. A new top tax rate, intended to soak the rich, hasn’t produced anywhere near the promised billions. And now the finance minister finds himself faced with a full-scale revolt against his plan to increase taxes on some small business operators. Trudeau is rich; Morneau is rich.
Source: National Post September 28, 2017 14:03 UTC