Wednesday, October 19, 2011 | Canadian Taxpayers Federation

Wondered what the cost of all those promises would be if each party were elected? Wonder no more.

This is a link to the Canadian Taxpayer's Federation post that tallies each party's promises as they are announced.

It will be interesting to see what the end tally will be. The Liberal Party's platform is intriguing in that it promises a decrease in spending of $1 billion per year, however, it is silent on what happens when surpluses surpass the 50% of the royalty revenue going to the sovereign fund. Do the resource companies get a cut in their royalty rates? Do the taxpayers get tax cuts? Do corporations get tax cuts? Also, why, when the budget is balanced currently, are there no tax cuts despite a concerted effort to cut spending? Why give future governments the opportunity to reverse those spending cuts without expending a huge amount of political capital to do so.

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