fbpx

Schreiner statement on FAO report

Mike Schreiner released the following statement following the FAO report on tax expenditures:

“The FAO report draws a line between tax cuts that benefit the wealthy and cuts to education, healthcare and other vital public services.

The deck is stacked against low and middle-income earners, and the Ford government is only making the problem worse.

Tax credits should be targeted at those who need it the most, so I am alarmed that nearly half of the financial benefits are accruing to the top 20% of income earners.

Coupled with lower growth in program spending, this effectively amounts to a wealth transfer from the poor to the rich.

Ontario has the lowest per-capita program spending of any province and public services will continue to be underfunded if Ford maintains this imbalance.

Cuts to public services undermines quality health care, education, climate action, transit and other investments that directly affect people’s quality of life.”