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Vanthof Says Tories’ Fall Economic Statement Fails To Deliver

John Vanthof, the New Democrat MPP for Timiskaming-Cochrane, says the Progressive Conservative government’s fall economic statement is a big fail.

Vanthof says despite the government saying people who earn less than $30,000 a year will pay no provincial income taxes, the benefits amount to very little.

“Many people who make under $30,000 already don’t pay income taxes because they don’t make enough money,” Vanthof said.

Vanthof says this group would have been better off seeing the minimum wage rise to $15 an hour from the present $14 hourly rate.

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However, Vanthof is also concerned with a second tax cut the Tories announced in their fall document.

He says in this instance the government is eliminating the surtax for high-income earners.

“I don’t think anyone was expecting an income tax cut for the highest paid people in the province,” he said.

Vanthof says the government will give up about $230-million in revenue by eliminating the surtax on high-income earners.

(Written By: Rocco Frangione)

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