Following in my series of political advice not to be taken seriously this morning I will present the tax platform an economist thinks the NDP –or any party for that matter–should run an election on:
1.) Decrease or zero Corporate taxes
2.) An increase in the GST / HST
3.) The introduction of a new Carbon Tax
Now there is a tax platform that would sink any political ship. No party is going to run on increasing taxes (unfortunately) and certainly no Party would think they could get away with 1 and then 2 and / or 3. Similarly no party is going to run on structural deficits going forward. Interestingly no party is really going to want to run on a platform of significant decreases to program spending either. So I suspect that we are going to see a lot of Taxes increases by Stealth (TIS) whatever parties do get elected or have just recently been elected. Exhibit A the BC liberal party.