Nine-in-10 Canadian families with children will pay, on average, $2,218 more per year.
canadian personal income tax system
In 1917, the Income Tax Act contained 3,999 words—by 2016, it ballooned to 1,029,042 words.
The Liberal government raised the top federal income tax rate to 33 per cent from 29 per cent.
The current federal government raised the top federal personal income tax rate to 33 per cent.
William Watson: It’s not just filing fatigue you’re feeling—Canada’s tax systems really are getting more complex
In the 12 years following 2001, there were almost two new tax expenditures per year.