Budget 2016 will lead to recession
A short while ago, the government of this province stood in the House of Assembly and introduced a budget that was to reflect the financial situation of the province. What I heard was a budget destined to bring the province to its knees.
We were hit with a budget so brutal that it has the people gasping for air! Services are being cut without considering the consequences to the people: five courts closing, 54 libraries left with no funding, dental (65 and older), health care and prescription drug funding (OTC) ended and fees to over 300 items from camping to fishing licenses to insurance to auto registration have increased.
Finally, for now at least, the levy (which is just another tax) placed upon us.
Had the levy been applied fairly across the board at one rate for all, 1.5 per cent, we would perhaps not minded so much, but it was applied to lessen with more income earned.
As the levy is now: If you earned $25,000, you paid 1.5 per cent equaling $300 per year but if you earn say $400,000 you pay only .18 of 1 per cent or $900. If it had been the same rate ( 1.5 per cent) across all incomes the person with the $400,000 income would have to pay a proportionally fairer amount of $6,000.
Corporations — of course — sarcasm intended were left out of the equation for the levy. Both points are NOT fair to the average person but it is especially difficult for those living with incomes under $40,000.
I am disappointed at a government who argues that this budget course is necessary. It is not! It will hurt us dramatically. It shows them as an entity that cares only for the dollar, not for what it will do to the people on a personal level with less money to survive. Some cannot do it now without food bank help.
On a financial level, some will lose their homes and their vehicles. They say that it will hurt our economy because they make no provision for growth, no job creation, no investment for the future of Newfoundland and Labrador.
Budget 2016, as I see it will leave us as we were in the Great Depression. It will leave us a destitute people, while King Dwight and Queen Cathy rule the peasants from the castle on the hill. People are angry and the peasants are beginning to revolt.
We will not be left pregnant, hungry and barefoot in the kitchen left bare by a government with no heart.