Tuesday, September 13, 2011

The Timidity Of The Ontario NDP

I wrote earlier this month about the growing call from certain monied sectors for an increase in their personal taxation rates, arguing that they are not paying their fair share to support the country in which they grew and prospered. That plea, as noted earlier, is being egregiously ignored by all political parties, including Ontario's NDP, led by Andrea Horwath, a politician who is becoming increasing difficult to distinguish from the leaders of the other parties.

My observation, and I don't think it is a particularly startling or perceptive one, is that slowly and inevitably, the party, both at the federal and provincial levels, is becoming very 'mainstream' as the prospects for increasing their electoral success improve.

Take, for example, Ms. Horwath's position on corporate taxation. As reported last May in The Toronto Star, the NDP would raise corporate taxes by a mere 2%, to 14% from the current 12%. As well, as reported in today's Star, the party would cancel the entertainment tax breaks enjoyed by corporations, such as being able to write off some of the costs of a corporate box at the Air Canada Centre.

While I do not dispute that these would be useful measures that would hardly send corporations fleeing to other jurisdictions, they also strike me as extraordinarily timid, a kind of nipping around the edges of fiscal policy. I do realize there is an argument to be made for proceeding slowly in a compromised economy, but I worry that the stated policy direction suggests that should they ever regain power, the NDP would once again make the same kinds of mistakes that were made during the disastrous Bob Rae years, when the now interim federal Liberal Leader bent over backwards to placate business at the expense of party policy and principles.

Until I hear someone talk about raising the personal income tax rate on the ultra-wealthy, I shall remain dubious of the integrity of NDP principles.



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