PLQ: promise of a tax cut to fight inflation

PLQ : promise of tax cuts to fight against inflation

Leader Dominique Anglade presents the electoral platform of the Liberal Party of Quebec.

The Liberal Party of Quebec (PLQ) unveiled its electoral platform on Saturday as part of its general council organized in downtown Montreal. If the party is elected on October 3, the leader Dominique Anglade is committed to lowering taxes.

A tax cut for the middle class is one of the major measures of the new electoral platform of the PLQ.

A Liberal government would therefore propose a tax reduction of 1.5% for the first two tax brackets, thus aiming to reduce the cost of tax refunds for those who earn less than $92,000 a year.< /p>

The official opposition party is also committed to creating a new tax bracket for Quebecers who earn $300,000 or more per year. Taxpayers would therefore be taxed at 27.75%.

According to the PLQ, a $500 check offered by the Coalition avenir Québec (CAQ) is a “half-solution” to counter inflation .

“Our proposal is to lower taxes to $1,125 per person”, which “will give families a real boost”, indicated Dominique Anglade.

“For us, a reduction of The tax is the best solution to help the middle class in this significant increase in the cost of living. […] A check for $500 is not enough to support Quebeckers,” declared Fred Beauchemin, Liberal candidate in Marguerite-Bourgeoys.

Among the other election promises unveiled, a Liberal government would abolish the QST on basic necessities, freeze Hydro-Québec rates and introduce a $2,000 allowance for Quebecers aged 70 and over.

The rate of inflation continues to climb the country. The consumer price index (CPI) rose in April in Canada with an increase of 6.8% compared to April 2021, reports Statistics Canada. This increase in the CPI is mainly attributable to food and housing prices.

More details to come.

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