Sonny Spina, Conservative Candidate for Sault Ste. Marie, and Andrew Scheer, Leader of the Conservative Party of Canada, committed this week that the average Canadian will save as much as $440 on their income taxes after a Conservative government reduces the rate of the lowest-income tax bracket with the Universal Tax Cut.
“The newly proposed Universal Tax Cut will lower your taxes and save the average Sault Ste. Marie family over $850 per year,” said Sonny Spina, Conservative candidate for Sault Ste. Marie. “This is the equivalent to two months of groceries for a family of four, or more than six months of hydro costs. That is money you can use to pay the bills, save up for your children’s education, or even finally afford a family vacation.”
Today, 80 per cent of Canadian middle-class families are paying an average of $800 more per year in tax compared to when Trudeau was elected. The Universal Tax Cut means that every Canadian will see their income taxes go down, and those in the lowest tax bracket will see the biggest benefit of all.
“I’ve met with thousands of people over the summer, and the most common thing people tell me is that it going to get harder to make ends meet. The cost of living has gone up, while their income is either shrinking or staying the same,” said Sonny. “These savings will help the people of Sault Ste. Marie get ahead, not just get by.”
The Universal Tax Cut is the next step in the Conservative plan to put more money back in the pockets of Canadians. It has already been announced that a Conservative government will:
- Cancel the Trudeau Carbon Tax,
- Take the GST off of home heating and energy saving the average household $107,
- Make parental leave tax free saving new parents up to $4,000,
- Introducing the Green Public Transit Tax Credit, that will save residents in Sault Ste. Marie who buy monthly passes over $100 a year,
- Introduce the Children’s Fitness Tax Credit of up to $1,000 per child for fitness or sport related expenses,
- Introduce the Children’s Art and Education Credit of up to $500 per child for arts or educational expenses.