Fedeli predicting corporate tax hike

PC MPP Vic Fedeli has been facing criticism after releasing documents to the public that he says shows the province is in poor financial shape.

Today at Queen’s Park Fedeli said he is concerned the Liberals will raise corporate taxes to a detrimental level in order to fund their transit plans.

“Now that they are not taxing the 10 cents a litre on gas, they backed tracked on that, they back tracked on the HST. There are only a couple of places left and it is inevitable that it will fall to corporate taxes.”

“This is something you can ask them, this is something we are asking them. Come clean with us, table your budget by March 31st and show us what you are going to do to corporate Canada.”

Fedeli says the Liberals continue to state that they will raise taxes and there are only two pockets left to choose from.

Fedeli says they will either raise personal income tax or corporate tax. The Liberals have yet to announce their final plans.