Justin Trudeau is scheming up a plot to cling to power by forming a coalition with the NDP. This is the coalition that you cannot afford.
We know that the Trudeau-NDP Coalition will mean:
- Higher taxes;
- Higher deficits;
- And, fewer good-paying jobs.
But, what exactly does it mean for you? We did the math.
NDP Leader Jagmeet Singh has listed his five demands to be a part of the coalition:
- Wealth Tax
- Universal Dental Care
- Affordable Housing
- Removing Interest from Federal Student Loans
When you combine these promises with the Liberal platform, it will mean even bigger deficits and higher taxes.
The Liberal/NDP Coalition Deficits will average $34.7 billion over the next four years.
To pay just half of their deficits, the coalition would have to:
- Raise the lowest personal income tax bracket from 15% to 19.5%
- Raise the GST from 5% to 7.5%
- Cut the Canada Health Transfer by 41%
- Cut the Canada Social Transfer by 100%
Source: Liberal Platform, NDP Fiscal Plan
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