Promise History
1.03.18 - “Cut income taxes by 20% for the second income-tax bracket, saving you up to $786 a year”
25-Nov-2020
Premier Doug Ford promised to cut taxes by 20% for the second income-tax bracket, which would alter its corresponding marginal tax rate from 9.15% to 7.32%. However, the tax rate for this income bracket remains at 9.15%. Given that the Ontario government has not acted on this promise, the promise is considered broken.
[Ed. Note: See table in “Data Explorer” section, under column “2019” and “2020” in row 10: 9.15%]
2019-2021
25-Nov-2020
Premier Doug Ford promised to cut taxes by 20% for the second income-tax bracket, which would alter its corresponding marginal tax rate from 9.15% to 7.32%. However, the tax rate for this income bracket remains at 9.15%. Given that the Ontario government has not yet acted on this promise, this promise remains not yet rated.
[Ed. Note: See table in “Data Explorer” section, under column “2019” and “2020” in row 10: 9.15%]
2019-2021
For The People: A Plan for Ontario
Reference Documents
“With a rate of 7.32 per cent, as promised by Ford, that same worker would pay $2,380, saving $185 per year — the equivalent of a 7.7 per cent cut.”
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