Poilievre’s tax plan helps millionaires the most
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This morning, Pierre Poilievre announced a tax plan that he says it’s about “average Canadians.” What he doesn’t say is that the richest people benefit the most.
Just like Carney’s proposal, the income tax cut is so broad that it helps millionaires and billionaires.
And also like Carney, Poilievre is planning to cut the capital gains tax – which only benefits .13% of Canadians who earn more than $1.4 million. That’s a $17.4 billion tax break to millionaires and billionaires over five years.
Why is Poilievre cutting taxes for billionaires when working Canadians are struggling with the cost of living, housing, and healthcare?
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