May 18, 2024

The Queens County Citizen

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About 4 billion in tax cuts and tariffs, Anglede promised

About 4 billion in tax cuts and tariffs, Anglede promised

(Quebec) Promises to return money to taxpayers hard-hit by the rising cost of living came quickly. From day 2 of her campaign on Monday, Liberal leader Dominic Anglede has pledged to cut taxes by 3.8 billion if she takes office. It achieves this mainly by paying the rich.

Posted at 8:45 am

Tommy Chouinard

Tommy Chouinard
Press

The measures in his “portfolio plan” are already well known: they were revealed during the unveiling of the election platform this spring.

The Liberal Party calculates that a family with two children receives an average of $5,000.

Dominic Angled wants to cut the top two tax brackets by 1.5 percentage points ($46,295 and below and above $46,295 and below $92,580). This represents a tax reduction of up to $1,125 per year. She promised to scrap QST on basic necessities (soap, shampoo, toothbrushes, over-the-counter medicines). She wants Hydro-Quebec to freeze rates and deduct the first $4,000 from the electricity bill. The solidarity tax credit intended for the most disadvantaged will be enhanced.

The PLQ warned that another billion in relief would be announced during the campaign, including the creation of an allowance of up to $2,000 a year for people aged 70 and over.

On Sunday, Dominic Anglede argued that the measures would not come at the cost of a bigger deficit or austerity policies.

“When we say we’re going to put money back into the pockets of middle-class Quebecers, we’re going to look for it elsewhere, especially in tax havens, especially big corporations so the rich have to pay a certain amount,” she said Sunday.

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According to the Liberal platform, a new, higher tax bracket would be created for people making more than $300,000.

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