February 19, 2011

CCPA: Flaherty’s Irish is Showing

By admin

As we prepare for the next federal budget (supported by the Conservative-NDP coalition of convenience), we see again that Jim Flaherty’s Irish will likely show through.

This is a bad thing.  Bruce Campbell of the Canadian Centre for Policy Alternatives tells a cautionary tale about Irelend.

Ireland is bankrupt.

The Irish Prime Minister has been forced to resign.

Their economy is in ruin.

All because people bought the line that they had to make Ireland’s tax policy as attractive as possible.

Translate:  they sold the ‘cut corporate taxes’ routine and the people of Ireland were stupid enough to buy into it.

Now, unemployment is skyrocketing, the IMF (translate:  world corporations) owns Ireland and the Irish are screwed.

Canada is embarking on the same path.

Stop Corporate Tax Cuts NOW.  End Corporate Welfare.