44th Parl. 1st Sess.
March 23, 2022 02:00PM
- Mar/23/22 4:09:11 p.m.
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- Re: Bill C-8
Mr. Speaker, speaking of degrees, I know my colleague is a graduate of Queen's University and Western University, so I assume he is capable of calculating a marginal tax rate.
The Liberals keep talking about their middle‑class tax cuts, but they do not seem to understand that when the tax rate is lowered by 1.5% for the tax bracket for people making just under $90,000, it is the rich who benefit.
Does my colleague realize that, with the Liberals' much-vaunted tax cut for the middle class, a household with two $150,000 incomes received 50 times the tax relief that a family with two $50,000 incomes got?
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