No federal tax on first $15,000 earned, giving everyone who earns that much an immediate $529 tax cut
Canadians are paying too much tax. The Income Tax Act is a complicated mess that costs Canadians nearly $7 billion a year to comply with. Every Canadian deserves a tax cut. Simplifying the tax code and raising the basic personal exemption to $15,000 will ensure that every single Canadian has at least $529 more in their pocket than they did under a Liberal Government. This is the right plan.