The Canadian Taxpayers Federation is releasing its 2024-25 Nova Scotia pre-budget proposal, calling on the Houston government to cut the sales tax, cut income taxes and balance the books.

“With Nova Scotians facing soaring living costs, now is the time for Premier Tim Houston to be bold and cut taxes,” said CTF Interim Atlantic Director Jay Goldberg. “Houston could make a historic move by cutting the provincial portion of the HST by two percentage points. That would save the average family $710 next year alone and make Nova Scotia the province with the lowest sales tax in the region.”

The CTF’s proposal also calls on the Houston government to replace corporate welfare with business tax relief, return all non-health spending to 2022 levels and end bracket creep. Bracket creep occurs when governments don’t move tax brackets with inflation and inflation sends taxpayers into higher tax brackets even if they can’t actually afford to buy more.

“It’s time to end bracket creep once and for all,” said Goldberg. “Bracket creep hurts families all across the province and it will be even more painful this year because of high inflation. The Houston government owes it to taxpayers to end this unfair practice of tax hikes.”

The CTF’s full pre-budget proposal can be viewed HERE.