"I forget what the relevant American rate is, but I can tell you that our goal is to have a combined federal-provincial corporate tax rate of no more than 25 percent. We're on target to do that by 2012. We will have significantly - by a significant margin the lowest corporate tax rates in the G-7, and that's our - our government's objective"
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The most revealing part isn’t the 25 percent target; it’s the shrug at the “relevant American rate.” Harper’s line performs a neat trick of political communication: feign indifference to the benchmark everyone is thinking about while still framing the whole project as an international race. He’s telling business audiences and swing voters that Canada won’t just be “competitive” in the abstract; it will win the G-7 leaderboard, “by a significant margin,” the kind of boast that turns a dry fiscal tweak into a national achievement.
The intent is transactional and strategic. Corporate tax cuts are cast less as ideology than as managerial competence: a clear metric, a deadline (2012), a promise of measurable delivery. That’s classic Harper-era branding: technocratic certainty, the aura of a plan, the implication that serious countries set targets and hit them.
The subtext is about power and priorities. “Combined federal-provincial” quietly shifts the conversation from democratic debate about what taxes fund to an efficiency problem to be solved across jurisdictions. The goal isn’t just lower rates; it’s locking in a policy environment that signals stability to capital and constrains future governments. When he repeats “our government’s objective,” he’s drawing a bright line: this is what we’re for, and if you disagree, you’re not merely wrong, you’re anti-competitiveness.
Context matters: post-2008 anxiety, intensified cross-border comparisons, and a Conservative project to reorient the state toward market confidence. The quote works because it treats ideology as arithmetic and sells arithmetic as destiny.
The intent is transactional and strategic. Corporate tax cuts are cast less as ideology than as managerial competence: a clear metric, a deadline (2012), a promise of measurable delivery. That’s classic Harper-era branding: technocratic certainty, the aura of a plan, the implication that serious countries set targets and hit them.
The subtext is about power and priorities. “Combined federal-provincial” quietly shifts the conversation from democratic debate about what taxes fund to an efficiency problem to be solved across jurisdictions. The goal isn’t just lower rates; it’s locking in a policy environment that signals stability to capital and constrains future governments. When he repeats “our government’s objective,” he’s drawing a bright line: this is what we’re for, and if you disagree, you’re not merely wrong, you’re anti-competitiveness.
Context matters: post-2008 anxiety, intensified cross-border comparisons, and a Conservative project to reorient the state toward market confidence. The quote works because it treats ideology as arithmetic and sells arithmetic as destiny.
Quote Details
| Topic | Business |
|---|---|
| Source | Help us find the source |
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