Quote:
Originally Posted by Firebot
Both Liberals and Conservatives promising tax cuts on the lowest income bracket, with Conservatives wanting a higher percentage announced this morning. The race to buy votes starts.
https://www.cbc.ca/news/politics/poi...-cut-1.7491457
Is Singh going to come in to say he wants a quadruple cut? Stay tuned apparently, because he apparently got caught offguard.
Singh you clearly knew you had an election coming to prepare for, and you don't have a plan? No wonder the NDP is in complete shambles with such a rudderless leader at the helm.
On the bolded...that's such a stupid way of looking at it. That's not how tax brackets work. Percentage wise someone making 500K will see a very negligible benefit to the lowest bracket percentage being changed as that person pays most income at a much higher tax bracket. The impact of lowering the percentage of the lowest bracket has a much more significant impact to someone making 57K or less. That's the whole reason why lower tax brackets are lower percentages and why we have a base 15,705$ with 0% before you have to pay tax (that everyone enjoys, mind blown).
Does Singh even understand what the heck he stands for anymore? He's completely floundering. |
And as pointed out in the quote, his proposed GST cut on essentials....also benefits the wealthy?