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.
It’s a 1% tax cut for the lowest percentile (poor people).
Right, but they didn’t move that 1% to the top bracket. So that’s a whole lot of money disappearing from public services.
Which rich people still benefit from because of progressive taxation. Just saying.
poor people don’t pay taxes