Conservative Leader Pierre Poilievre is promising an income-tax cut amounting to 15 percent for those in the lowest tax bracket, which he says will save a two-income family around $2,000 per year.
The Tory leader said he would reduce the tax rate on the lowest income-tax bracket of $57,375 or less, dropping the rate from 15 percent to 12.75 percent.
“This is a tax cut for everybody who has ever got up early in the morning and worked hard to build our country,” Poilievre said in Brampton, Ont., on March 24.
The party said the measure would cost $7 billion a year in the first two years of its implementation, for a total of $14 billion. In a video launching the measure, Poilievre said this would be paid for by getting rid of government waste and cutting the federal bureaucracy….