Quebec’s finance minister is announcing personal income tax cuts are in the offing.
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Carlos Leitao said Wednesday details of the cuts will be announced in next Tuesday’s economic update.
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Leitao says in a video posted to Facebook alongside Premier Philippe Couillard that citizens in what he calls the middle-income tax brackets will see a concrete reduction in taxes.
The finance minister adds the economic update will include a plan he says is unique in North America to help reduce poverty.
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Quebec tabled its third consecutive balanced budget last spring, which included a modest $55 tax cut for the 2017 tax year.
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At that time Leitao said the province was on pace to end the 2017-18 fiscal year with a $2.5-billion surplus.
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