oday, Liberal leader Justin Trudeau was in Brampton South to meet with three local families to talk about the need to make life more affordable. Trudeau announced that a re-elected Liberal government will cut taxes for the middle-class and lower cell phone bills by 25 per cent.
Middle class families are feeling stretched. Taxes, fees, and bills pile up while wages are not keeping up. Cell phone bills in particular put a lot of pressure on a family’s budget, with Canadians paying up to twice as much for wireless services than people in other G7 countries. Enough is enough. It’s time for hard-working Canadians to get a bigger share of the pie.
“I’ve been talking to Canadians across the country and I keep hearing the same thing: even with our strong economy and record unemployment, it’s still tough to make ends meet,” said the Leader of the Liberal Party of Canada, Justin Trudeau.
“I know Brampton families are feeling the cruch. Groceries. Cell phone bills. Child care. It all adds up. Today’s announcement is about giving families the support the most,” said Sonia Sidhu, the Liberal candidate in Brampton South.
To start, a re-elected Liberal government will:
Ensure middle class Canadians, and the people working to join the middle class, pay no federal taxes on the first $15,000 they earn;
This means that about 700,000 more Canadians, including seniors and young people starting their careers, will pay no federal tax at all;
And will lift about 40,000 Canadians out of poverty.
This will be done by raising the Basic Personal Amount (BPA) by almost $2,000 for people earning under $147,000 a year.
While Andrew Scheer’s tax plan would give a bigger break to wealthier Canadians, our plan lowers taxes the most for people who make less, helps the middle class, and ensures that the wealthy don’t get an extra hand up. Our tax cut would also help lift twice as many Canadians out of poverty than the Conservatives’.
A re-elected Liberal government will also reduce the cost of wireless services by 25 percent within four years. This will be done by:
Working with telecom companies to offer plans at globally comparable prices;
Encouraging Canadian competition in the market, and allowing the CRTC to step if that competition isn’t leading to lower prices; and
Prioritizing consumer choice and affordability, and not simply the highest bidder, when awarding new wireless expansions.
“The Conservatives spent a decade cutting taxes for corporations and millionaires,” said Mr. Trudeau. “Now, Andrew Scheer’s tax cut would benefit the wealthiest more than those who need it most. We know better. Millionaires don’t need another tax break. But the middle class does.”