Key tax initiatives in the Liberal party platform:
- Increase the tax rate on incomes over $200,000 from 29% to 33%
- Cap how much can be claimed through the stock option deduction
- Rollback the $10,000 Tax-Free Savings Account contribution limit to $5,500
- Reduce the small business rate from 11% to 9% Cancel the Conservatives’ Family Tax Cut credit
Timing not specified. Changes could apply to 2015, but not likely before 2016.