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Canadians want banks and finance industry to pay more taxes — poll

Majority supports deficit-reduction measures, not more corporate tax cuts.

Banks, finance industry should pay their fair share towards deficits they helped create.Ottawa, ON (March 2, 2011): A large majority of Canadians support increasing the taxes paid by banks and the finance industry, says a new poll. The result flies in the face of the Harper Conservative government's insistence on proceeding with more corporate tax cuts as part of the upcoming federal budget.

When asked to what extent they support or oppose increasing taxes paid by banks and the finance industry in order to reduce government deficits, 65 percent of Canadians with an opinion said they supported such measures.

"Canadians want banks and the finance industry to pay their fair share in paying down deficits they helped create," says CUPE National President Paul Moist. "I don't know how much clearer the message needs to be for the Harper Conservatives to hear and stop their reckless plans to extend more corporate tax cuts."

The poll was conducted by Environics Research Group on behalf of the Canadian Union of Public Employees. 921 Canadians were surveyed between February 1 and 3, 2011. The poll has a margin of error of +/- 3.1 percent, 19 times out of 20.

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  Canadians call for banks and finance industry to pay their fair share of taxes

Posted: March 10, 2011

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