Ontario Economy and Tim Hudaks

Tim Hudaks: Kill 100,000 jobs in the public sector to create 1 million new jobs. Thats Tim Hudaks plan to save the Ontario economy, according to The Star. Corporations pocket the tax cuts rather than invest in job creation, a habit they ve been pilloried for by the Bank of Canada. If lower taxation does create jobs, Ontario would be awash in them since it already is among the lowest corporate tax jurisdictions. If a permanent reduction in taxes creates permanent jobs, as Hudak believes, he should, logically, be advocating eliminating corporate income tax altogether and Destroy the village to save it. That was the American logic during the Vietnam War in burning My Lai and massacring 400 women and children. It has been dismissed by respected economists as bogus, an absolute disaster and utter nonsense. They say that Hudak and the right-wing American economists who advised him have got their math all wrong . That gutting the public service by 10 per cent might take more money out of the system than his proposed 3.5 per cent corporate tax cuts would put in. That his tax cut would, at best, create 20,000 jobs, not 120,000 assuming that his assumptions are correct, which they are not. (www.immigrantscanada.com). As reported in the news.