The House of Commons unanimously voted in favour of the Liberals’ promised income tax cut on Thursday.
The Liberals promised to bring in a one percentage point reduction in the lowest marginal tax rate — taking it from 15 per cent to 14 per cent — during this spring’s election campaign.
The government introduced a “ways and means” motion to make the tax changes last week and all MPs voted in favour of the motion on Thursday.
A ways and means motion allows the government to start making changes to the tax code before such changes are passed in legislation — but a bill will still need to be passed.
Brainwashed by the wealthy
It’s a 1% tax cut for the lowest percentile (poor people).
Which rich people still benefit from because of progressive taxation. Just saying.
poor people don’t pay taxes
Right, but they didn’t move that 1% to the top bracket. So that’s a whole lot of money disappearing from public services.