federal taxes
Ottawa increased the income tax rate for “top earners" from 29 per cent to 33 per cent.
"Work and thrift are the only sure roads to success."
Canadian provinces comprise nine of the 10 jurisdictions with the highest combined personal income tax rates in Canada and the U.S.
In seven provinces, the top personal income tax rate exceeds 50 per cent.
In this year’s budget, the Wynne government forecasts a nearly 5 per cent increase in program spending.
The Liberal government raised the top federal income tax rate to 33 per cent from 29 per cent.
For a government that claims to want to cut taxes on Canada’s middle class, the Trudeau Liberals are doing a bang up job of increasing them.
Some speculate that Justin Trudeau’s government may raise the tax rate on capital gains in next week's federal budget.