The biggest winners from Doug Ford’s “middle class tax cut” would actually be high earners
When you picture a person in the middle class, do you think of someone making $86,000 a year? $100,000? $1,000,000?
Yesterday, Ontario PC leader Doug Ford added to his list of campaign promises by proposing what he called a “middle class tax cut” that would “put more money in the pocket of middle class families.”
But, as with Ford’s plan to help minimum wage earners that would actually take money out of their pockets, it’s a good idea to read the fine print.
And sure enough, the biggest winners from Ford’s newly-promised tax cut would actually be people who make $85,900 or more a year – including the very wealthy.
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