Showing posts with label finance minister joe oliver. Show all posts
Showing posts with label finance minister joe oliver. Show all posts

Sunday, November 23, 2014

Canada's Fearless Tax Warrior



That intrepid capeless crusader for core Conservative concepts, Finance Minister 'Uncle' Joe Oliver, has found yet another weapon in his utility pouch to save us from the implacable clutches of taxation. Rather than rely on a bureaucracy that may be rife with 'fifth columnists', Oliver has decided to outsource fiscal analysis to those most acquainted with the scourge of taxation, lobby groups!

Our man's courage in the face of sneering opposition is a wonder to behold:
Finance Minister Joe Oliver says the government approved a $550-million tax credit for small business without conducting any internal analysis to find out how many jobs the measure would create.

The minister told the House of Commons finance committee Wednesday that such analysis was deemed unnecessary because it had already been done by the Canadian Federation of Independent Business, a small-business lobby group.
That 'analysis' claimed the credit would create 25,000 “person years” of employment, a figure quickly deflated by the Parliamentary Budget Officer, who concluded the credit would create only about 800 jobs over two years.

Perhaps sensing that his enemies ('the tax and spend crowd') were getting close to uncovering his alter ego, Oliver performed the perfect feint by taking on the persona of a village idiot. When asked by MP Scott Brison why the government didn't undertake its own analysis before granting the tax credit, he said:
“Because we didn’t think that we needed to do another analysis when we already had received one and we knew that this is a good news story for small businesses. The small business organizations have been asking us for a long time for this break”.
The colloquy, as reported by Aaron Wherry, continued:
Brison: So are you aware of the methodology they used?

Oliver: We are aware that they have expertise, they’ve spoken to their members and I have had an opportunity to speak to them and I’ve had an opportunity to speak to many small businesses in my riding in Toronto and elsewhere around the country. You know, you may not want to listen to small businesses. We do, and they are the biggest generators of employment in the country.

Brison: So you’re not aware of their methodology they used to come to that number?

Oliver: I am aware that they have spoken to their members and they do their regular type of analysis that you’d expect them to do. I mean, when you invest over half a billion dollars, there’s a macro-economic impact and we’re very comfortable there’ll be significant job creation.
NDP MP Nathan Cullen, part of the brigade attempting to derail Oliver's crusade, offered an observation that we can only hope deflected harmlessly off of the finance minister's protective shield. He said
that the minister’s comment shows the government is making major decisions based on ideology rather than evidence.

“They’re outsourcing policy to business lobby groups,” said Mr. Cullen. “Would they outsource policy to the Canadian Federation of Students? Would they outsource it to the national unions? They are now just allowing other people to write policy and spend employment insurance money.”
Fighting for one's faith can be a lonely endeavour, but if anyone can gird his loins and carry on, it is Uncle Joe.