Trudeau-led government will bring immediate change for middle class

October 9, 2015

TORONTO – The top priorities of a new Liberal government will be delivering a tax cut for middle class Canadians and putting more money in the pockets of hard-working families, said the Leader of the Liberal Party of Canada, Justin Trudeau, today.

“Stephen Harper is out of touch, and for ten years he has ignored those at the heart of our economy, our middle class, who have had to work longer and harder to make ends meet. A Liberal government will introduce, as its very first Bill in Parliament, a tax cut for the middle class,” said Mr. Trudeau. “We are the only party that made a middle class tax cut part of its platform, and we will stand behind that pledge by making it the very first thing we do if we form government. Unlike with Stephen Harper’s tax credits, Canadians will see more money on their paycheques right away.”

A new Liberal government will raise taxes on the wealthiest one percent, so we can cut taxes for the middle class. We will lower taxes for Canadians with incomes between $44,700 and $89,401 per year from 22 percent to 20.5 percent. This is the fair thing to do, and the smart thing to do for Canada’s economy. When middle class Canadians have more money in their pockets to save, invest, and grow the economy, we all benefit. That is why we will also introduce the Canada Child Benefit – one bigger, fair, tax-free, automatic, monthly child benefit – in our very first budget. Nine out of ten Canadian families will be better off under our plan than under Stephen Harper’s.

“While Harper and Mulcair will keep sending child benefit cheques to millionaires, a Liberal government will provide help to Canadian families who need it most,” said Mr. Trudeau. “We will ensure that families have money to save, invest, and grow our economy immediately. Our middle class, and those working hard to join it, need help today, not a decade from now. Liberals will bring real change so that all Canadians have a real and fair chance to succeed.”

 Additional product:

Platform document – A New Plan for a Strong Middle Class