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Jack Mintz: Will tax hikes undo the affordability agenda?

With surging, deficit-financed public spending, pressure will mount to raise, not lower, taxes

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So much for affordability. At the rate at which federal and provincial governments are spending and running up deficits these days, at some point politicians will raid our bank accounts. If the federal government has a majority — maybe after winning a snap spring election — it will be easier for it to hike taxes afterwards on unsuspecting voters. Same for the provinces. Governments rarely campaign on a promise to raise taxes — except on their favourite targets, the rich and corporations — but somehow taxes end up rising.

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