Miller Says Conservative Tax Cuts For Low Income Workers & Business Good For Parry Sound - Muskoka
Last week, Ontario Finance Minister Vic Fedeli released the Ford government’s fall economic outlook.
Norm Miller, MPP for Parry Sound Muskoka says that the Ford government will eliminate provincial income tax for those who earn $30,000 or less.
“This measure will put more money in the pockets of minimum wage workers without costing jobs in our communities,” he said.
Miller said he was pleased to hear Minister Fedeli vow to reduce red tape by 25% by 2022.
The Ford government also reversed the decision by the previous Wynne government to go along with the federal government decision to increase taxes on small businesses by taxing passive income earned by small businesses at the same rate as big business. Miller said this created a challenge for small business owners who were trying to save up to expand their business and create more jobs, saying “Most of the jobs in our area are created by small businesses so this will make a real difference in Parry Sound-Muskoka.”