Ninety percent? Are you kidding me? Our elite earners are being punished with a rate 53 points higher than what our peers charge—37 percent—while they take their money, their jobs, and their investments elsewhere. Cutting this absurd tax to 40 percent isn’t greed, it’s common sense: when you strangle success, you don’t just hurt the rich, you strangle the economy everyone else depends on.
The numbers behind the demand
Previous
90%
Tax rate when demanded
Right now
35%
Current tax rate
— delivered
What voters want
≤ 40%
Cut the rate to no higher than 40%
🎉 Delivered on May 2, 2021 via the budget that passed.
Next election on 31 January 2025 (in 1 month).
Pledges (1)
Liberal
pledged May 1, 2021
Delivered
“I pledge to fulfill this demand of the people”