1981 budget a good lesson for Liberals

Another Trudeau government tried ending lucrative tax breaks for the rich, with disastrous political consequences.

Finance Minister Bill Morneau, left, ought to reflect on Allan MacEachen's train-wreck 1981 budget before he pulls the plug on tax breaks, writes Thomas Walkom.The Hill Times photograph by Jake Wright, Hill Times file photograph

Opinion

BY THOMAS WALKOM

March 29, 2017

TORONTO—It is sometimes held that Finance Minister Bill Morneau backed away from a promise to end lucrative tax breaks for the well-to-do in last week's budget because of Donald Trump. With the mercurial Trump occupying the White House, the theory goes, Morneau figured it would be foolish to fidd...

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