I'll take a moment to highlight Andrew Jackson's post yesterday on the relative effect of the main business incentives offered by the federal parties, which deserves more attention than it's received so far.
Now, Jackson doesn't even get into the equally important question of whether tax policy is really seen as a more important inducement to business than factors like an educated workforce, well-maintained infrastructure or consumer stability. But even assuming that the federal government's tax treatment of businesses will determine how well Canada weathers the current financial storm, it would seem obvious that the best strategy to minimize any damage is to encourage capital investment rather than profit-taking. And with the New Democrats alone actually seeing that investment as a priority, voters looking for the party most in tune with Canada's fiscal needs have another reason to favour the NDP.
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