Apparently the Dalton McGuinty government is a lot better at raising taxes than collecting them.
Among the horror stories in outgoing Ontario Auditor General Jim
McCarter’s final annual report last week was word the finance ministry
expects it will never collect up to $1.4 billion of the $2.4 billion
it’s owed in back taxes.
In other words, the same Liberal government that broke its promise
not to raise taxes through three election campaigns and nine years in
office, was simultaneously leaking tax revenues like a sieve.
While it may be human nature to see it as good news when a
tax-and-spend government like McGuinty’s doesn’t collect all the money
it’s owed, in reality it’s another fiscal disaster.
Think of all the things $1.4 billion could have bought, assuming the government had collected it.
http://www.torontosun.com/2012/12/14/mcguinty-libs-blow-another-14-billion
No comments:
Post a Comment