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.

  • toastmeister@lemmy.caBanned
    link
    fedilink
    arrow-up
    2
    arrow-down
    2
    ·
    2 days ago

    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.