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Parliament Hill report Garth Turner MP Halton-Peel Happy New Year! Happy tax cut! Hey, it may not be incredible in size, but it still counts. Federal income tax is falling by $1.8 billion, effective January 1. And business taxes are coming down as well - a 1% reduction in the tax rate on manufacturing and processing. taxpayers this year. This makes your MP happy. A sizable tax cut is exactly what I have been trying to achieve for some time. It strikes me that lower taxes, less government and more free enterprise is exactly what will help the economy and get more people back to work. Of course, all this comes at a cost. Wages in Ottawa have been frozen or cut for all civil servants and politicians. Government depart- ments have been scaled back. The military - despite its intense acekeeping efforts - has seen i budget slashed. Unemployment benefits will no longer be paid to people who voluntarily quit their jobs without just cause. There are people who bitterly oppose this kind of politics and economics. They feel Ottawa should spend more money in bad oppose the move on January lto end the universality of family allowance payments - the govern- ment will now target tax-free pay- ments only to those low-income earners who need them. I know there are people against this, because they write me letters and call to complain. But I tell them this: I got into politics to fight for a better deal for the middle class. And to me that means less government, not more. It means an end to government cheques to everybody. It means returning some of our hard-earned tax money, so we can spend it and help the economy. It certainly does not mean borrowin; more, increasing the deficit, so politicians can create temporary, make-work jobs while the private sector suffers. Over 80% of all the jobs created in this country come through the efforts of small business. So I sup- port the tax breaks announced earli- er this month by Finance Minister Halton Hills This Week, Saturday, January 2, 1993 — Page 7 certain targets for lending to small businesses. But it’s a start. So, as the new year dawns, there is some hope that these govern- ments cuts and lower taxes will help things get better. We need more opportunities for people to work. We need an eco- nomic climate that makes people want to invest. We need more stores. We need more orders in our local factories. Above all, we need confidence is our own ability to succeed. As I have written here before, Canada depends on trade three times more than the U.S. does. Our high standard of living is financed largely by trade, because our small Population of 27 million people can’t do it. Luckily, we're good at it. Out trading surplus with the Americans is swelling monthly. But to keep it up, we have to be competitive. And being competitive means keeping taxes low. So I have a plea to make to another government, another set of politicians. Premier Bob, please don’t wipe out this $2 billion feder- al tax cut with higher Ontario taxes. A tax increase in this province would stall the recovery and hurt all of Canada. It would send out the signal that Ontario wants more gov- ernment, higher spending and is unwilling to do what everyone else has had to: Cut, cut, cut to survive. I think middle-class Canada wants its politicians to back off, reduce overhead, return people their money and restore some faith in the future. If I’ve got that wrong, then you’d better let me know. Letters Welcomed Halton Hills This Week comes your letters. Letters must be signed and include your full name punctuation, spelling errors} or as a result of space limitations. Send your letter to: In all, Ott: hi ade the deci- times, creating jobs despite a rising Don Mazankowski, and the |Jand address. Names will be with- The Editor sion to Laie: pee $2 Tice deficit. improvements to small business |held on request. Halton Hills This Week (that’s two thousand million dol- Some think UI benefits are a loans. Halton Hills This Week reserves 232 Guelph a Unit 9 lars) to the pockets of Canadian divine right and the feds have no _—‘True, he didn’t go as far as I the Sets to cals ne pel A corer IN justification to limit them. Others _ wanted - forcing the bank to meet lany letters on the basis of factual Hi! Sea She sold John & ee Did you OW yeah! Atpins been Karin's just before pees Please have a Merry We really BeniiG 2 Christmas andis Happy New Year don't drink ee needed the starting up again just 6 f ee vel a hard too! after New oF ee es Ms A eee ANGIE CORMPILAS, sacs Rep. 877-5211 Thank you, John & Karin for listing with me! al THE AGENT THAT WON'T DISAPPEAR “. AFTER THE SIGN IS UP! 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