Wednesday, February 09, 2011

Common sense 149 - Conservatives 134

A House of Commons motion passes this afternooon, one of many, but perhaps the most high profile and politically significant in coming months:
Opposition parties have joined forces to demand that the Harper government reverse tax cuts for the largest, most profitable corporations.

A Liberal motion calling on the government to roll back the corporate tax rate to 18 per cent has passed by a vote of 149-134, with the support of the NDP and Bloc Quebecois.

However, the motion is not binding on the government, which has no intention of adhering to it.

The corporate tax rate was reduced at the start of this year to 16.5 per cent and another reduction to 15 per cent is planned for 2012.

Prime Minister Stephen Harper says the reductions are crucial for creating jobs and no credible business group in the country supports reversing them.

But Liberal Leader Michael Ignatieff says rolling back the cuts would save the government $6 billion that could be spent more effectively on things that matter more to Canadians — like education, skills training and family care.
The majority will of the House of Commons has spoken...likely to be ignored by the minority Conservative party once again.