2% GST = $14 Billion to federal revenues.
Thanks Harper.
Add 3% and the deficit is gone.
Trudeau won’t do this though as it is more politically expedient not to raise taxes.
But suddenly all the “fiscal conservatives” would cheer a balanced budget? Heck no... I bet they’d be on this forum ranting and raving about the tax burden, rather than their current deficit rants.
Revenues were up by 21 billion last year and the government still borrowed 14.6 billion. They spent 36 billion more than the year before.