"After being gone for 34 years, [Ignatieff has] come back to Canada with a reckless plan to raise taxes. Ignatieff's tax hikes will kill jobs, put the brakes on our recovery and set Canadian families back," Soudas said.
However, Ignatieff argued that, thanks to years of Liberal and Conservative reductions, Canada's corporate tax rate is already 25 per cent lower than in the United States. He said that leaves some room to defer the scheduled cut to 15 per cent by 2012 without hurting competitiveness.
He reminded Liberals that "we've been here before," when Jean Chrétien promised to reduce a $42 billion deficit in 1993 to three per cent of GDP.
Chrétien's government exceeded its target and erased the deficit entirely within four years.http://www.cbc.ca/canada/story/2010/03/28/ignatieff-promises.html#ixzz0jZwRMUzx