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cm0002@lemmy.world to Canada · 1 day ago

Carney signs order to prioritize middle-class tax cut, after first meeting with new cabinet

www.ctvnews.ca

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Carney signs order to prioritize middle-class tax cut, after first meeting with new cabinet

www.ctvnews.ca

cm0002@lemmy.world to Canada · 1 day ago
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Prime Minister Mark Carney signed a symbolic order signalling his government will prioritize passing his promised middle-class tax cut, following the first in-person meeting of his cabinet on Parliament Hill Wednesday.
  • Candid_Andy
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    1 day ago

    I think that increasing the basic personal exemption would have helped a lot more lower income Canadians

    • CanadaPlus@lemmy.sdf.org
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      7 hours ago

      Make it an official tax bracket too, instead just a refund everyone qualifies for. I don’t know why TF it’s set up that way.

    • Kichae
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      1 day ago

      Yes, but functionally no one voted NDP this year, and that was their pitch, IIRC.

      • MacroCyclo
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        22 hours ago

        Wasn’t it also the CPC plan?

        • dubyakay
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          21 hours ago

          The CPC had a plan?

          • MacroCyclo
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            14 hours ago

            My bad, it was to lower the rate on the lowest bracket. https://www.conservative.ca/poilievre-to-cut-income-tax-by-15-for-the-average-canadian/

            I don’t know what Carney has planned, but a middle class tax cut could be this.

            Edit: It is, but going from 15% to 14% instead of Poilievre’s proposed 12.5% https://globalnews.ca/news/11180306/liberals-budget-middle-class-tax-cut/

          • overworkedandundersane@lemmy.world
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            18 hours ago

            VERB the NOUN

    • miss_demeanour@lemmy.dbzer0.com
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      1 day ago

      It may yet be part of things: a promised cut to middle class taxes should infer inclusion of the poorer.

      • HellsBelle@sh.itjust.works
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        1 day ago

        One would hope so, but I won’t hold my breath.

      • vaccinationviablowdart
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        23 hours ago

        why do they say it’s for “middle class” if it’s for poor people?

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