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Contenders in Canada Election Pitch Unthinkable: Higher Taxes

  • Higher corporate taxes face debate test in battered oil patch
  • Current situation 'fairly dire' for a lot of companies
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Two opposition leaders looking to unseat Prime Minister Stephen Harper in Canada’s election are heading to the battered oil patch to pitch what has long been political heresy: higher taxes.

The Liberal Party’s Justin Trudeau is pledging to raise taxes on the highest earners. Thomas Mulcair of the New Democratic Party advocates increasing
levies on corporations. They’re gambling the measures will strike a balance
between addressing income inequality without straining an already fragile
economy.