The provincial income tax bill in P.E.I. is twice as large as the bill for someone earning the same amount in B.C.
income tax rate
To boost their after-tax income by $100, workers at the national average income in New Brunswick must earn an additional $154.60 compared to only $139.30 in B.C.
The NDP wants to raise the top federal personal income tax rate to 35 per cent.
Indexation is currently applied to the personal income tax system federally and in most provinces.
The federal government and three provinces—Ontario, Manitoba and Alberta—are expected to run budget deficits this year.
In Ontario, the combined provincial/federal top marginal income tax rate is 53.5 per cent.
In reality, 81 per cent of middle-class families now pay higher income taxes.