To boost their after-tax income by $100, Newfoundlanders at the national average income must earn an additional $153.80 compared to $139.30 in B.C.
middle class income
Nearly nine in 10 middle-class families now pay more personal income taxes.
Mona Fortier is the new “minister for middle-class prosperity.”
If families who receive CCB transfers begin to earn a higher income, their cash transfers will be reduced—a disincentive to hard work.
The government eliminated the children’s fitness tax credit, the education tax credit and more.
The government eliminated income-splitting for couples with young children.
Median income in Canada has increased by 52 per cent since the mid-1970s.