TORONTO, ON: The Canadian Taxpayers Federation has released a taxpayer holiday wish list for Ontario Premier Doug Ford with stocking stuffer ideas taken directly from the Progressive Conservatives’ election platform.
“When he was running for office, Ford promised to cut Ontarians’ taxes, restore fiscal responsibility to the provincial budget, and end government handouts to political parties and corporations,” said Jay Goldberg, Ontario Director for the Canadian Taxpayers Federation. “The best gift Ford could give taxpayers this holiday season is lower taxes and keep his promises.”
1. Lay out a plan to balance the budget
Ford promised to restore fiscal responsibility to Queen’s Park. But even before the pandemic began, Ford’s spending was outpacing former premier Kathleen Wynne’s. It’s time for Ford to present a credible plan to balance the budget.
2. Cut gas taxes now
Ford promised to cut the gas excise tax by 5.7 cents per litre. As Ontarians face soaring gas prices, Ford is now promising to cut the gas tax by the end of March. But as we head into the holiday season, taxpayers can’t wait. The Ford government should immediately move to cut gas taxes.
2. End political and corporate welfare
Ford promised to end special handouts to political parties and wealthy corporations. Instead, Ontario taxpayers are giving Ontario’s political parties almost $14 million this year with no strings attached. Less than a year ago, Ford handed $300 million to the Ford Motor Company, even though the company is on the Fortune 500 list. These handouts must end.
4. Cut income taxes
Ford and his team promised to cut middle-class income taxes. The premier’s campaign promise would save Ontario taxpayers up to $850 a year. As the cost of living continues to rise, it’s time for Ford to leave more money in taxpayers’ pockets. Taxpayers want to see an income tax cut in next year’s budget.
“With just six months to go until Ontarians head to the polls, Ford still has many promises to keep,” said Goldberg. “Ontario taxpayers are watching and want the government to finally deliver.”