Ontario's NDP

Ontario's NDP

September 12, 2007 08:00 ET

NDP Key Commitment: $450 Health Tax Rebate for Working Families

McGuinty regressive tax a broken promise, Hampton Fair Tax Plan will restore balance

TORONTO, ONTARIO--(Marketwire - Sept. 12, 2007) - Ontario NDP Leader Howard Hampton says he will bring balance to Ontario's tax system with a Fair Tax Plan that will put money back in the pockets of 75 per cent of working families while protecting health services. In the first of a series of six key commitments, Hampton announced that the NDP would provide a Health Tax Rebate of up to $450 per person and $900 per two-income family.

"This campaign is about a fair deal for working families. As a first step, the NDP will fix what Dalton McGuinty got wrong when he broke his promise and dumped his unfair Health Tax on working families," said Hampton.

The NDP will phase in the elimination of the unfair McGuinty Health Tax for 1.5 million workers earning under $48,000 and put $450 back into the pockets of individuals earning between $48,000 and $80,000. The NDP's health tax rebate is part of a Fair Tax Plan, a balanced approach that gives families a much-needed break while protecting health care by making sure banks, insurance companies and the wealthiest individuals pay their fair share.

"The NDP's Health Tax Rebate restores the balance that was lost when Dalton McGuinty introduced his unfair Health Tax that hit families who can afford it the least. McGuinty's Health Tax increased personal income taxes for average families by 24 per cent - while those who make more than $200,000 pay only three per cent more. That's just not fair," said Hampton.

Unlike the Conservatives' scheme, the NDP Fair Tax Plan is a balanced approach that only puts money in the pockets of lower- and moderate-income Ontarians who need it the most, while protecting health services by ensuring that banks, insurance companies and the well-off pay their fair share.

The NDP's commitment will mean more money for public services with a small increase in the General Corporate Tax rate from 14 to 14.5 per cent. It will end the McGuinty Liberal-Conservative policy of eliminating the corporate Capital Tax on banks and insurance companies, a move that will help hard-hit manufacturers while at the same time ending the McGuinty tax giveaway to banks and insurance companies making record profits. It will also include a new provincial personal income tax bracket for individuals making $150,000 a year or more that is two per cent higher than the existing rate.

"Dalton McGuinty's Liberals will say anything, and promise anything, to get elected. Working families deserve better. Leadership is not about being all things to all people, or handing out a promise on every occasion. It's about making priorities and making commitments that working families can count on to make a difference in their day-to-day lives," said Hampton.

"Mr. McGuinty got it wrong when he broke his promise, making working families pay his unfair health tax. New Democrats are going to make it right by restoring balance and making life more affordable for today's hard-working families."

Contact Information

  • Media Inquiries:
    Jon Weier
    (416) 591-5455 x290 / Kaj Hasselriis x271