OPSEU hopes the next finance minister works for the 99%.
by SGNews Staff
The resignation of Ontario Finance Minister Dwight Duncan offers Premier Kathleen Wynne an opportunity to put public interest ahead of Bay Street's for the first time in years, said Warren (Smokey) Thomas, president of the Ontario Public Service Employees Union.
"Dwight Duncan will be remembered by my members as the man who demanded cuts to public services, jobs, and wages for working people while doling out sacks full of cash to the richest corporations in the country, particularly those in the financial services industry," he said.
“It is our hope that the next finance minister will come to work for the 99%, not the one per cent. For a change.”
Under the McGuinty Liberals, tax breaks for the financial services industry alone (not including insurance) have amounted to at least $430 million a year from cuts to the corporate income tax rate, and $740 million a year from the elimination of the capital tax, he said, citing last year's Ontario budget changes.
"Bay Street is enjoying more than a billion dollars a year in free money thanks to the efforts of Minister Duncan and his predecessor," Thomas said. "We can hardly wait to see where he lands to collect his earthly reward."
© Copyright 2013 SGNews Staff, All rights Reserved. Written For: StraightGoods.ca
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