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Independent economic report pushes back against Greene report, offers alternative vision of N.L.'s future


The process to create the People s Recovery report started five months ago, when a group of more than 60 people including labour leaders, academics and activists felt they weren t represented by the premier s economic recovery team. Among the report s contributors is union leader Mary Shortall, who left the premier s team in January after raising concerns over what she said was a lack of collaboration and transparency.  
Tax increases and ideas
The People s Recovery report does offer ideas toward bolstering the province s revenue, among them a series of tax increases.
Its recommendations include an HST increase of one per cent, an income tax increase by two per cent in the top two brackets, and a wealth tax with a lower threshold than outlined the Greene report. ....

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Most people want action taken on cutting spending and curbing debt, new poll suggests


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A majority of Newfoundlanders and Labradorians support a reduction in provincial government spending and a plan to tackle provincial debt, according to a poll conducted by Narrative Research for a local business group. 
About 77 per cent of respondents after hearing a question about the province s dire financial straits, including the net debt said the government should make changes to program and service delivery to reduce spending.  
Eleven per cent said it should increase taxes, and eight per cent said it should continue borrowing.
The poll was sponsored by the Newfoundland and Labrador Employers Council, a group that has been calling for spending cuts at the provincial government level for years. ....

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