Hudak Calls for Tax Relief In 2010 Budget

NEWS:

QUEEN’S PARK – With the launch of province-wide pre-budget consultations today, Ontario PC Leader Tim Hudak called on Dalton McGuinty to put the brakes on his reckless spending habits and provide tax relief to hard working Ontario families and businesses in his 2010 budget.

Hudak outlined three priorities the Ontario PC Caucus would like to see addressed in the budget to slow the rise of Dalton’s debt and address the jobs crisis:

Tax relief targeted at job creation and helping Ontario families and seniors who stand to get hit the hardest by the HST;

Capping spending this year to the levels targeted in the most recent budget;

And reduction of red tape through the re-instatement of the Red Tape Commission.

QUOTES:

“Dalton McGuinty is currently spending $2.8 million dollars more every single hour than his government is receiving in revenue. If this undisciplined and reckless management of Ontario’s finances is allowed to continue, Dalton McGuinty will soon double the provincial debt.”

- Ontario PC Leader, Tim Hudak

“I look forward to getting feedback from my Caucus colleagues on these consultations and the advice they receive from business owners and industry leaders on getting Ontario growing again.”

- Ontario PC Leader, Tim Hudak

QUICK FACTS:

The McGuinty Government is currently spending $2.8 million more per hour than they are receiving in revenue.

Since Dalton McGuinty came to office, Ontario’s debt has grown by a staggering $65 billion. To date, on a per household basis, Dalton McGuinty has increased Ontario’s debt by $13,500 for every family in Ontario.

Since coming to office, Dalton McGuinty has increased government spending by 65%. Over that same time period, Ontario’s economy has only grown by 5.7%.

MPPs Norm Miller, Peter Shurman and Toby Barrett are touring with the Ontario Legislature’s Standing Committee on Finance and Economic Affairs for pre-budget consultations on behalf of the Ontario PC Caucus.