income tax

2:12PM
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The budget creates a new, higher top personal income tax rate of 16.8 per cent.


12:29PM
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The NDP-Green tax changes, if fully implemented, will increase the tax burden for the average British Columbian family by $594.


9:05AM
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In 2017, the average Canadian family with two or more people will pay $47,135 in total taxes.


9:14AM
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When established in 1917, Canada’s Income Tax Act contained 3,999 words compared to 1,029,042 words today.


3:00AM
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Resistance to marginal tax rate reductions in the U.S. may prevent a return to supply-side fiscal policies.


3:00AM
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Today the personal income tax accounts for almost half of federal revenues.

2:56PM
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The Liberals will finance almost all of the new spending with borrowed money, resulting in an expected deficit of $27.8 billion this year.