Alward drops promise to cut small business tax in half
Premier says other policies will help small businesses instead of reducing rate to below 4.5 per cent
The Alward government has backed away from another of its election promises.
Finance Minister Blaine Higgs says the province will not cut the small business tax in half, something the Progressive Conservatives said they would do in the 2010 election campaign.
Premier David Alward suggests that still amounts to keeping the promise to halve the small business tax.
"And we are working to complete each and every one of them as we go forward," said Alward in the legislature.
Finance Minister Blaine Higgs was more candid outside the legislature — citing those other policies but acknowledging they had replaced the promised tax cut.
"So while not going forward with that particular tax reduction, we feel we have gone beyond in other areas to support small business," said Higgs.
Liberal MLA Victor Boudreau mocked Alward in Question Period Wednesday for seeming to abandon the promise to cut the small business tax in half.
"Yesterday he stands up in this house and claims he's kept 80 per cent of his promises," said Boudreau. That's the kind of fuzzy math that's been happening over there."
The clock is ticking on the Alward government's time to fulfill its campaign promises from 2010. The fixed date for the next provincial election is Sept. 22, 2014.