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  3. House unanimously adopts Liberals' promised income tax cut

House unanimously adopts Liberals' promised income tax cut

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  • H hellsbelle@sh.itjust.works

    The House of Commons unanimously voted in favour of the Liberals’ promised income tax cut on Thursday.

    The Liberals promised to bring in a one percentage point reduction in the lowest marginal tax rate — taking it from 15 per cent to 14 per cent — during this spring’s election campaign.

    The government introduced a “ways and means” motion to make the tax changes last week and all MPs voted in favour of the motion on Thursday.

    A ways and means motion allows the government to start making changes to the tax code before such changes are passed in legislation — but a bill will still need to be passed.

    Link Preview Image
    House unanimously adopts Liberals' promised income tax cut | CBC News

    The House of Commons unanimously voted in favour of the Liberals’ promised income tax cut on Thursday.

    favicon

    CBC (www.cbc.ca)

    M This user is from outside of this forum
    M This user is from outside of this forum
    mad_lentil@lemmy.ca
    wrote on last edited by
    #8

    I would take a doubling of the current rate if they would implement voting reform - like they promised.

    1 Reply Last reply
    10
    • driftinglynx@lemmy.caD driftinglynx@lemmy.ca

      I’m curious, what is it you’re "boo"ing? 🤔

      I mean the house doing anything unanimously makes me think hell has frozen over, but tax cuts are everybody’s farvorite policy.

      F This user is from outside of this forum
      F This user is from outside of this forum
      faxed@lemmy.ca
      wrote on last edited by
      #9

      tax cuts are everybody’s farvorite policy.

      Brainwashed by the wealthy

      H 1 Reply Last reply
      3
      • H humanspiral@lemmy.ca

        weird of CBC/headline to call Parliament “House”. This makes confusing headline relative to possible US politics.

        G This user is from outside of this forum
        G This user is from outside of this forum
        grte@lemmy.ca
        wrote on last edited by grte@lemmy.ca
        #10

        ‘House’ is a common shortening of ‘House of Commons’, the elected portion of Parliament. Parliament as a whole also includes the Senate. The distinction matters here because the tax cut has not passed through the Senate as of yet.

        H 1 Reply Last reply
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        • F faxed@lemmy.ca

          tax cuts are everybody’s farvorite policy.

          Brainwashed by the wealthy

          H This user is from outside of this forum
          H This user is from outside of this forum
          hellsbelle@sh.itjust.works
          wrote on last edited by
          #11

          It’s a 1% tax cut for the lowest percentile (poor people).

          F B 2 Replies Last reply
          1
          • G grte@lemmy.ca

            ‘House’ is a common shortening of ‘House of Commons’, the elected portion of Parliament. Parliament as a whole also includes the Senate. The distinction matters here because the tax cut has not passed through the Senate as of yet.

            H This user is from outside of this forum
            H This user is from outside of this forum
            humanspiral@lemmy.ca
            wrote on last edited by
            #12

            Parliament as a whole also includes the Senate

            I believe that is false.

            Also, last bill to be rejected by Senate was a private member bill. C-311, in 2010, which coincidentally was anti-oligarchy climate reporting law. Very rare for Senate to have any consequence in Canada.

            O 1 Reply Last reply
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            • H humanspiral@lemmy.ca

              Parliament as a whole also includes the Senate

              I believe that is false.

              Also, last bill to be rejected by Senate was a private member bill. C-311, in 2010, which coincidentally was anti-oligarchy climate reporting law. Very rare for Senate to have any consequence in Canada.

              O This user is from outside of this forum
              O This user is from outside of this forum
              outlierblue@lemmy.ca
              wrote on last edited by
              #13
              Parliament as a whole also includes the Senate
              

              I believe that is false.

              Link Preview Image
              The Branches of Government

              Canada’s system of government has three branches: the legislative, the executive and the judicial. Each one has separate powers and responsibilities that are defined in the Constitution: the legislative branch passes laws, the executive implements them, and the judicial interprets them.

              favicon

              (learn.parl.ca)

              The legislative branch includes both the House of Commons and Senate. (further up the same page)

              1 Reply Last reply
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              • H hellsbelle@sh.itjust.works

                It’s a 1% tax cut for the lowest percentile (poor people).

                F This user is from outside of this forum
                F This user is from outside of this forum
                faxed@lemmy.ca
                wrote on last edited by
                #14

                poor people don’t pay taxes

                1 Reply Last reply
                0
                • H hellsbelle@sh.itjust.works

                  The House of Commons unanimously voted in favour of the Liberals’ promised income tax cut on Thursday.

                  The Liberals promised to bring in a one percentage point reduction in the lowest marginal tax rate — taking it from 15 per cent to 14 per cent — during this spring’s election campaign.

                  The government introduced a “ways and means” motion to make the tax changes last week and all MPs voted in favour of the motion on Thursday.

                  A ways and means motion allows the government to start making changes to the tax code before such changes are passed in legislation — but a bill will still need to be passed.

                  Link Preview Image
                  House unanimously adopts Liberals' promised income tax cut | CBC News

                  The House of Commons unanimously voted in favour of the Liberals’ promised income tax cut on Thursday.

                  favicon

                  CBC (www.cbc.ca)

                  T This user is from outside of this forum
                  T This user is from outside of this forum
                  toastmeister@lemmy.ca
                  wrote on last edited by
                  #15

                  Carney was talking about using AI to implement a type of DOGE system on top of the tax cuts, is this DOGE coming soon at least?

                  Surely we care about interest payments on our debt, and the lack of productivity its been creating in our economy.

                  1 Reply Last reply
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                  • C compactflax@discuss.tchncs.de

                    Yes, but to be faaaaiirrrrr, the truly rich don’t collect a salary. It is arguable that if a person’s income is subject to income tax, the person is not a capitalist but a worker. The rich have all kinds of ways to avoid declaring income.

                    Tlaloc_TemporalT This user is from outside of this forum
                    Tlaloc_TemporalT This user is from outside of this forum
                    Tlaloc_Temporal
                    wrote on last edited by
                    #16

                    Capital gains tax or Land Value Tax would be more interesting.

                    1 Reply Last reply
                    2
                    • driftinglynx@lemmy.caD driftinglynx@lemmy.ca

                      I’m curious, what is it you’re "boo"ing? 🤔

                      I mean the house doing anything unanimously makes me think hell has frozen over, but tax cuts are everybody’s farvorite policy.

                      B This user is from outside of this forum
                      B This user is from outside of this forum
                      brax@sh.itjust.works
                      wrote on last edited by
                      #17

                      Not mine - tax cuts means more hurting of services that we rely on. I’m all for tax hikes at the top and more brackets added at the top. Get some finding back into the things that have been so horribly choked out.

                      1 Reply Last reply
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                      • H hellsbelle@sh.itjust.works

                        It’s a 1% tax cut for the lowest percentile (poor people).

                        B This user is from outside of this forum
                        B This user is from outside of this forum
                        brax@sh.itjust.works
                        wrote on last edited by
                        #18

                        Right, but they didn’t move that 1% to the top bracket. So that’s a whole lot of money disappearing from public services.

                        1 Reply Last reply
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