The party's proposal would see Ontario's personal income tax rate for those making between $51,446 and $75,000 reduced by two per cent, from the current 9.15 per cent to 7.15 per cent.
A party spokesperson said those earning just more than that would also benefit from the plan. Someone earning $85,000 in taxable income, for example, would pay the lower rate on their income between $51,446 and $75,000, and the 9.15 per cent rate on their earnings beyond that.
They estimate this would save the average family about $950 a year.
Ontario Liberal Leader Bonnie Crombie said Tuesday they also promise to slash the provincial component of HST on residential heating and hydro bills, which could save households about $200 a year.
In language that rivals our current provincial demagogue, Crombie goes on to declare:
"That is real and ongoing relief for you and your family, ...."
"It's real money back in your pocket to help you afford groceries, to buy your child a new winter coat or pay for overdue repairs to your home or to your car."
What is there not to like about these promises, you may ask? How about the real cost - the cost to essential social services, healthcare, and education, to name but three. Starving the treasury is never a good idea, except when you are pandering to the public in an attempt to gain political capital.
This pathetic ply, Crombie's version of bread and circuses, conceals a raft of problems that, to my knowledge, neither she nor NDP leader Marit Stiles have ever addressed: the disproportionate burden that provincial downloading has placed on the shoulders of homeowners, who face ever-rising rates of property taxes to deal with costs that should be the purview of the province, including social services and housing, ambulance services, local roads and bridge maintenance and construction etc.
Addressing such burdens would require fearless leadership, and that in itself would by no means guarantee political success. After all, far too many are dazzled by baubles, the promise of immediate cash in hand, the prospect of being able to buy beer at Costco, (despite the quarter-billion dollars that one cost), etc. In other words, politicos know and exploit the ignorance of people, readily offering up their particular versions of bread and circuses to divert the masses.
Unless someone with real integrity emerges, expect the status quo to continue unabated.