Federal Budget
Title: Federal Budget
Category: /Literature/English
Details: Words: 597 | Pages: 2 (approximately 235 words/page)
Federal Budget
Category: /Literature/English
Details: Words: 597 | Pages: 2 (approximately 235 words/page)
Federal Budget
As many Federal ministries and agencies lurch into an era
of running without funds, they are spending less and less time searching
for a compromise to balance the budget, and more and more time deciding
how to use it to their advantage on the campaign trail. Meanwhile
services for Canadians are becoming inadequate and in some cases
demolished. In an attempt to change this, the Jean Chretien Government’s
recent budget plan chiefly
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higher than it was before 1998. last year's budget
eliminated the general 3 per cent surtax for those with taxable incomes
of up to about $50,000. This budget eliminates the 3 per cent surtax for
the remaining taxpayers - those who have taxable incomes of more than
$50,000. According to Martin, this measure will remove 200,000 Canadians
from the tax rolls in addition to the 400,000 low-income earners who no
longer had to pay taxes last year. This year's budget also adds $300