Another Canadian Triumphs On Tax-Cut Platform
June 9, 1999
Conservative Party candidates pledging to cut taxes have trounced Liberal challengers in another Canadian province -- this time New Brunswick. Last week, Conservative Mike Harris won a landslide reelection in Ontario on a pledge to follow up his 30 percent cuts earlier with cuts of another 20 percent.
- In New Brunswick, Bernard Lord -- a 33-year-old who had been in Parliament less than a year -- will become premier after leading his party to victory on an explicit supply- side, "low taxes create jobs" platform.
- Going into the election, Lord's Conservatives had held only nine out of 55 seats -- but had taken 45 of the 55 when the votes were counted.
- Polls had the incumbent Liberal government ahead by more than 10 percentage points in mid-May -- until Lord unveiled his plan to cut tax rates by at least 10 percent.
- Losing ground, the Liberals offered a tax cut -- but they lacked credibility, observers say, because they had canceled a scheduled tax cut only last December.
New Brunswick has had the second highest taxes in all Canada.
Source: Editorial, "Tax Cuts Rewarded -- II," Wall Street Journal, June 9, 1999.
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