Poilievre Promises 15% Income Tax Cut for Canadians

Conservative Leader Pierre Poilievre has proposed a significant income tax cut, aiming to reduce the lowest tax bracket from 15% to 12.75%, which he claims would save dual-income families up to $1,800 annually. This proposal comes in response to Liberal Leader Mark Carney’s pledge to cut the same tax rate by only one percentage point, potentially saving families about $825. Poilievre emphasizes that his tax cut would provide essential relief to Canadians facing rising costs of living. He plans to fund the tax cuts by reducing government waste and bureaucracy. Both leaders are competing to attract voters focused on affordability as the election approaches. Poilievre's plan has been positioned as a more substantial relief effort compared to Carney’s.