Cut taxes, clear the way for job creation in Mississauga
01 November 2012
MISSISSAUGA: Cut taxes and help clear the way for job creation and thriving economic growth in communities like Mississauga and throughout Peel Region, PC Leader Tim Hudak said today while touring G & M Automation, a tool and die company.
Hudak noted that substantial tax cuts are one of 15 bold, new and transformative ideas featured in the PC Party’s latest discussion paper – Paths to Prosperity: An Agenda for Growth.
Over the last nine years the Liberal government has blindsided local job creators and Ontarians with new taxes, tax hikes, hidden taxes and cancelled promised tax relief. Today the top tax rate on personal income in Ontario is nearly 50 per cent – the second highest personal income tax rate in Canada.
“Lower taxes encourage small businesses to reinvest and expand service offerings,” Hudak said. “When small businesses stay ahead of the competition, they earn higher profits and hire more people,” Hudak added.
Mississauga-Streetsville PC candidate Nina Tangri added “the Liberals’ tax and spend policies have created a made-in-Ontario debt and jobs crisis. Today, there are 330,000 residents throughout the GTA looking for work.”
Bramalea-Gore-Malton PC candidate Harjit Jaswal said “compounding this mess is a Legislature that has been shut down and a government that’s on autopilot.”
Hudak said that “tax relief means communities like Mississauga can again be home to a strong and growing middle class, employed with good-paying jobs and an ever increasing standard of living.
“And a strong and reliable tax base also means more government revenue to pay for things like quality health care, first-class education and reliable infrastructure.”
The PCs are seeking the best advice on which tax cut would have the most impact to grow the economy: business income tax, personal income tax or the provincial portion of the harmonized sales tax.
To read An Agenda for Growth and share your ideas to lower taxes, visit: www.ontariopc.com.