Finance, budgetary policies and taxes Flashcards
when do New Democrats support deficit spending?
Balancing budgets and confining short-term
deficits to severe economic downturns and
national security emergencies.
How can we make our economy more sustainable?
Building a sustainable economy by reducing
the debt to gross domestic product (GDP) ratio
What should we be doing during times of surplus?
Establishing fiscal reserves during times of
surplus to help create investment opportunities.
how can we support the parliamentary budget officer
The autonomy of the Parliamentary Budget
Officer
How can we support pay equity?
Implementing the recommendations of the
2004 Pay Equity Task Force and establish a
pro-active pay equity regime, enshrined in law.
where should tax reductions be targeted?
Targeting tax reductions to help the middle
class, working families, and the poor.
outside of new taxes where can funds we are currently losing as a nation already be found?
Combatting tax shelters and money
laundering.
How should taxes be determined?
A progressive tax system.
How should capital gains be taxed?
Taxing capital gains at the same rate as salaries
or wages
How should large corporations be taxed?
Ensuring that large profitable corporations pay
a fair share of taxes.