• sbv@sh.itjust.works
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    4 days ago

    The single biggest item line over the five-year plan is an $56.6-billion investment in the Canadian Armed Forces. The second-biggest expense is actually the income-tax cut that the government passed in June ($27.2 billion).

    Which tax cut? Oh, that tax cut:

    “Those earning below the taxable threshold or relying heavily on non-refundable tax credits will see minimal benefit, while high earners will only benefit from the reduced rate on the first $57,375 of income.”