Earth shattering news, already Harper's finance minister Jim Flaherty is on the record stating there would be "no long term gain for the economy" in cutting the GST.
"I must say that with respect to tax cuts, I agree with Paul Martin. With respect to reducing the GST federally and the RST provincially, I also agree with the federal minister, and we've talked about this. All you get is a short-term hit, quite frankly. You accelerate spending. You pull it ahead by a month or two. It has no long-term positive gain for the economy."
Oh darn, I just realized, that was November 5, 2001. I keep forgetting, they evolved...
Hat tip to Myblahg for the spade work.
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