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Ontario Progressive Conservative leader Tim Hudak speaks to the London Chamber of Commerce at a lunchtime meeting in London, Ont., on May 23.Geoff Robins/The Canadian Press

Tim Hudak is holding out the promise of a 10 per cent cut in personal income tax down the road.

The Progressive Conservative leader says the cut in provincial tax would be phased in after a Tory government balances the budget in two years.

Hudak says that will be worth about $825 for a family making $70,000 a year.

He says more household spending will help create 47,000 new jobs.

The Liberals are accusing Hudak of "voodoo" economics.

They say his promise to create one-million new jobs over eight years is really off by a factor of eight.