Is Trudeau a 'tax-and-spend' Liberal? The numbers say no
Is Trudeau a 'tax-and-spend' Liberal? The numbers say no
https://www.cbc.ca/amp/1.5164976?__twitter_impression=true
Aaron Wherry - CBC News
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For 2014-2015 — the last full fiscal year of Stephen Harper's government — tax revenue as a share of GDP was 11.5 per cent.
For 2018-2019 — after nearly four full years of Justin Trudeau's government — tax revenue as a share of GDP is projected to be 12.7 per cent. In subsequent years, according to the government's own numbers, it's forecast to settle around 12.4 per cent.
That 0.9 -point increase is not nothing. But it's still below what the federal government was taking in when Harper's Conservatives came to office in 2006. It's even further below what the federal government was raising at the respective peaks of the Mulroney and Chrétien years.
For 1999-2000, for instance, total tax revenue reached 14.5 per cent of GDP — the highest point of the last 35 years.
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