Fact Check: Andrew Scheer’s Universal Tax Cut doesn’t help 9 million Canadians
The policy release frames the cuts as geared towards low-income
Canadians, stating that “every Canadian will see their income taxes go
down, and those in the lowest tax bracket see the biggest benefit of
all.”
Canadians, stating that “every Canadian will see their income taxes go
down, and those in the lowest tax bracket see the biggest benefit of
all.”
But according to
Trevor Tombe, an economics professor at the University of Calgary, only
two-thirds of Canadians who file their taxes would be affected by the
changes. Nearly nine million Canadians would see no benefit at all.
What’s more, the greatest benefit of the cut would not be for those
in the lowest tax bracket but instead for the wealthiest Canadians. Tombe’s analysis
as first reported by PressProgress shows that families making more than
$150,000 receive more than double what the average Canadian family
receives.