Quebec Parties Pitch Tax Cuts, Affordability Measures Ahead of Election
Rival political parties are promising various tax cuts and affordability measures in a bid to win Quebec’s provincial election next month. Christine Fréchette, current premier and leader of the governing Coalition Avenir Québec (CAQ), is promising to not tax the first $35,000 of income for seniors working in certain sectors, while the Quebec Conservatives are [...]
TL;DR
- Political parties in Quebec are competing with tax cut and affordability proposals for the upcoming provincial election.
- The Coalition Avenir Québec (CAQ) proposes not taxing the first $35,000 of income for working seniors in specific sectors.
- The Quebec Conservatives plan to nearly double the provincial basic tax exemption to $35,242.
- The Parti Québécois (PQ) pledges a 20 percent cut in business taxes and economic policies favoring local businesses.
- The Liberals are proposing housing increases and tax cuts to incentivize new homebuyers.