With a federal general election called on Sunday for April 28, both Liberal and Conservative parties launched their campaigns with a promise to cut the federal income tax.
.svg.png)
March 23, 2025 - "Liberal Leader Mark Carney has triggered an early election with a short 36-day campaign that’s expected to revolve around the economy and threats from U.S. President Donald Trump. Canadians go to the polls April 28."
https://www.cbc.ca/player/play/video/9.6695655
Liberals launch 2025 campaign with middle-class tax cut | Liberal Party of Canada (news release):
March 23, 2025 - "Today, Mark Carney launched the 2025 Liberal campaign by announcing a middle-class tax cut that will help Canadians keep more of what they earn and build a stronger Canada in the face of President Trump’s tariffs.... This middle-class tax cut will save two-income families up to $825 a year, by reducing the marginal tax rate on the lowest tax bracket by 1 percentage point. More than 22 million Canadians will benefit directly from this tax cut, and middle- and low-income Canadians will benefit the most....
“'So many Canadians are doing everything right. They’ve worked hard, secured a good job, and saved for the future. But often, it’s not enough,' added Mr. Carney. 'My new government will focus on helping hard-working Canadians keep more of their paychecks to spend where it matters most: on homes, groceries, and their families. Every Canadian should be able to afford necessities, feel secure, and get ahead financially – and this tax cut will help them do that.'”
Read more: https://liberal.ca/liberals-launch-2025-campaign-with-middle-class-tax-cut/
Poilievre To Cut Income Tax By 15% For The Average Canadian | Conservative Party of Canada (news release):
March 24, 2025 - "Today, Conservative Leader Pierre Poilievre launched his campaign to put Canada First and make life more affordable for Canadians. Poilievre announced he will cut income tax by 15%, dropping the tax rate on the lowest income tax bracket from 15% to 12.75%, meaning the average Canadian worker earning $57,000 will save $900, with two income families saving $1,800 a year. It’s time to let Canadians keep more of what they earn....
"Poilievre’s income tax cut is part of the broader Conservative Bring It Home Tax Cut on work, investment, energy and homebuilding. Conservative tax cuts will create jobs for Canadians and help build Canada’s economic fortress against American threats. It will allow consumers to spend more money supporting local businesses while rewarding hard work that makes everyone better off.... Let’s bring it home and put Canada first – for a change!"
Read more: https://www.conservative.ca/poilievre-to-cut-income-tax-by-15-for-the-average-canadian/
Poilievre's tax plan helps millionaires the most - just like Carney's | New Democratic Party of Canada (news release):
March 24, 2025 - "This morning, Pierre Poilievre announced a tax plan that he says is about 'average Canadians.' What he doesn’t say is that the richest people benefit the most. Just like Carney’s proposal, the income tax cut is so broad that it helps millionaires and billionaires....
"Why is Poilievre cutting taxes for billionaires when working Canadians are struggling with the cost of living, housing, and healthcare?"
Read more: https://www.ndp.ca/news/poilievres-tax-plan-helps-millionaires-most-just-carneys
Read more: https://www.greenparty.ca/en/our-plans/fair-taxation
No comments:
Post a Comment