The Liberals’ and Conservatives’ proposed income tax cuts will not significantly benefit most Canadians, economists across the political spectrum say.
“They’ve been pitching this as proposals for lower- and middle- income households,” said David Macdonald, a senior economist at the progressive think tank Canadian Centre for Policy Alternatives. “They’re certainly not for lower- and middle-income households.
“They’re for higher-middle and upper-income households.”
Jack Mintz, an economy professor at the University and Calgary and senior fellow at the C.D. Howe Institute, agrees ...
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