New Democrat Leader Howard Hampton is pledging to phase out the health-care tax for some low- and middle-income taxpayers, and create a new tax bracket for the wealthy.
Hampton says that for taxpayers paying up to $450 for the health tax, it would be phased out over four years.
Those making up to $80,000 a year would get their health tax reduced by $450, while those making more would continue to pay the full tax.
In making his first election promise on the campaign trail, Hampton also pledged to create a new provincial tax bracket for people making $150,000 a year.
Those taxpayers would see their tax rate go up by two per cent.
Hampton is promising to increase corporate taxes for banks and insurance companies by half a percentage point to 14.5 per cent, and reverse the elimination of the corporate capital tax for those same companies.
Related
Ontario Votes 2007 »
- McGuinty wins massive majority, Tory loses seat
- Dalton McGuinty won a second majority government for the Liberals in Ontario on Wednesday night, a triumph for a party that earlier expressed fears of a drop to minority status.
- Ontario rejects electoral reform in referendum
- Ontario voters have rejected a proposed electoral reform that would have seen some provincial legislators chosen based on a party's share of the popular vote, results showed Thursday.
- Ontario voter turnout a record low
- The percentage of eligible voters casting ballots in Wednesday's Ontario election hit an all-time low despite changes introduced in an effort to boost turnout.
- Ont. Green party scores 8 per cent of vote
- No Green party candidates made it to the Ontario legislature in Wednesday's election, but that defeat was sweetened by a swell in their share of the popular vote, which more than doubled.
- McGuinty only leader not facing leadership questions
- Liberal Leader Dalton McGuinty won re-election in Ottawa South and NDP Leader Howard Hampton again won his northern Ontario riding of Kenora-Rainy River. PC Leader John Tory was defeated.
District Profiles
More Ontario Votes Headlines »
- McGuinty wins massive majority, Tory loses seat
- Dalton McGuinty won a second majority government for the Liberals in Ontario on Wednesday night, a triumph for a party that earlier expressed fears of a drop to minority status.
- Ontario rejects electoral reform in referendum
- Ontario voters have rejected a proposed electoral reform that would have seen some provincial legislators chosen based on a party's share of the popular vote, results showed Thursday.
- Ontario voter turnout a record low
- The percentage of eligible voters casting ballots in Wednesday's Ontario election hit an all-time low despite changes introduced in an effort to boost turnout.
- Ont. Green party scores 8 per cent of vote
- No Green party candidates made it to the Ontario legislature in Wednesday's election, but that defeat was sweetened by a swell in their share of the popular vote, which more than doubled.
- McGuinty only leader not facing leadership questions
- Liberal Leader Dalton McGuinty won re-election in Ottawa South and NDP Leader Howard Hampton again won his northern Ontario riding of Kenora-Rainy River. PC Leader John Tory was defeated.
