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 taxes
Nearly nine in 10 middle-class families now pay more personal income taxes.
Measuring the Impact of Federal Personal Income Tax Changes on Middle Income Canadian Families since 2015
The government increased income taxes for more than 80 per cent of middle-income families.
Mona Fortier is the new “minister for middle-class prosperity.”
The government eliminated several tax credits including income splitting.
Ottawa eliminated several tax credits.
In reality, 81 per cent of middle-class families now pay higher income taxes.
More than 80 per cent of middle-class families have experienced an increase in their federal income taxes.