Nearly nine in 10 middle-class families now pay more personal income taxes.
middle class income
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.
Median income in Canada increased by 52 per cent from 1976 to 2011.
The purchasing power for the average Canadian wage-earner has increased dramatically since 1976.