Ford To Cut Taxes On Ontarians Earning Less Than 50 000 A Year
A source told CP24 that the budget, which is likely to be held until after the election, will increase eligibility for the LIFT tax credit from $ 38,000 to $ 50,000. The source said the change would mean that about 1.1 million people would have an average of $ 300 more in tax breaks in 2022. LIFT was first introduced in 2018 by the Ford government as a way to deal with the cancellation of the $ 15 minimum wage, a decision that was made as soon as the Progressive Conservatives took office....