January 3, 2009

More tax cuts on the horizon, hints Flaherty

The Canadian Press reports:

Finance Minister Jim Flaherty said Friday he's reviewing options for putting more money in people's pockets through tax cuts as part of a multi-billion dollar stimulus package that will include infrastructure spending and help for laid-off workers.
"There are a couple of ways to stimulate the economy. One is spending on the infrastructure side and other ways. And tax reductions - leaving more money in people's pockets - is also stimulus to the economy," Flaherty told reporters at a news conference.

"We've been reviewing other (tax) options," he added.

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