Doug Ford plans to cut taxes for anyone making less than $86,000 a year - News Summed Up

Doug Ford plans to cut taxes for anyone making less than $86,000 a year


Middle-class earners can expect income tax cuts of up to $786 annually, but they’ll have to wait three years to see any money if the Progressive Conservatives are elected June 7, says party leader Doug Ford. The pledge comes as the New Democrats and Liberals — trailing Ford in the polls — warn his spending and tax cuts will result in cuts to government services. Ford said the income tax cut will deliver the “biggest relative savings” to people earning between $43,000 and $86,000. Wynne warned that Ford’s tax cut proposal will mean a reduction in public services, such as health care and education. “Cutting income tax means there is less that the government is going to be able to do,” Wynne told reporters at the Hospital for Sick Children.


Source: thestar May 10, 2018 16:07 UTC



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