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Monday, April 8, 2013

Higgs Calls Budget Most Difficult To Date

They're cleaning up the mess that the last government made. Finance minister Blaine Higgs saying that's what the province is doing with the highly-criticized budget in a post-budget speech.

Higgs tells CHSJ News that the income-tax rollback of 2008 was supposed to be offset by a bump in HST, but that didn't happen.

He says this has been the most difficult budget to date, and he tells us he acknowledges this tax increase hits every pocketbook, but that we need to get out of the hole that's been dug. The income-tax increase is a measure that's expected to generate $136 million in revenue for 2013-14.