{"id":49019,"date":"2025-03-25T16:20:42","date_gmt":"2025-03-25T16:20:42","guid":{"rendered":"https:\/\/www.oracletutoring.ca\/blog\/?p=49019"},"modified":"2025-03-25T16:20:43","modified_gmt":"2025-03-25T16:20:43","slug":"canadian-politics-tax-cut","status":"publish","type":"post","link":"https:\/\/www.oracletutoring.ca\/blog\/canadian-politics-tax-cut\/","title":{"rendered":"Canadian politics: tax cut?"},"content":{"rendered":"\n<h2>Self-tutoring about Canadian politics: the tutor looks at the feasibility of a tax cut in Canada.<\/h2>\n<p>\nDuring this election campaign, some platforms may include tax cuts. However, that might not be wise for a federal government to carry out.<\/p>\n<p>\nIt seems that in 2024, the federal deficit in Canada was around 62B, while in 2023 it was around 35B.<\/p>\n<p>\nRelative to government revenues, it seems the 2024 federal deficit was around 13 percent; in 2023, 8 percent.<\/p>\n<p>\nIt seems like folly to hope for a tax cut when the government is running a deficit, even if the government will allow it.<\/p>\n<p>\nSource:<\/p>\n<p><a href=\"https:\/\/www.canada.ca\/en\/department-finance\/services\/publications\/annual-financial-report\/2023\/report.html\">canada.ca (2023)<\/a><\/p>\n<p><a href=\"https:\/\/www.canada.ca\/en\/department-finance\/services\/publications\/annual-financial-report\/2024.html#:~:text=The%20government%20posted%20an%20annual,in%20the%20previous%20fiscal%20year.\">canada.ca (2024)<\/a><\/p>\nJack of <a href=\"https:\/\/www.oracletutoring.ca\">Oracle Tutoring by Jack and Diane,<\/a> Campbell River, BC.\n","protected":false},"excerpt":{"rendered":"<p>Self-tutoring about Canadian politics: the tutor looks at the feasibility of a tax cut in Canada. During this election campaign, some platforms may include tax cuts. However, that might not be wise for a federal government to carry out. It &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"more-link\" href=\"https:\/\/www.oracletutoring.ca\/blog\/canadian-politics-tax-cut\/\"> <span class=\"screen-reader-text\">Canadian politics: tax cut?<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3028],"tags":[3585],"class_list":["post-49019","post","type-post","status-publish","format-standard","hentry","category-canadian-politics","tag-tax-cut"],"_links":{"self":[{"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/posts\/49019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/comments?post=49019"}],"version-history":[{"count":2,"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/posts\/49019\/revisions"}],"predecessor-version":[{"id":49021,"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/posts\/49019\/revisions\/49021"}],"wp:attachment":[{"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/media?parent=49019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/categories?post=49019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/tags?post=49019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}