The Wynne government’s budget raises most middle tax rates and adjusts income thresholds.
personal income tax
Four provinces have increased their general corporate tax rates over the last three years, including B.C. and Alberta.
Nine-in-10 Canadian families with children will pay, on average, $2,218 more per year.
Ottawa has exacerbated the tax-rate gap between small businesses and employees.
One of the main sources of tax system complexity is the proliferation of credits, deductions and other special preferences.
Canada’s income tax began during the First World War.
The NDP-Green agreement calls for a 67 per cent increase in B.C.’s carbon tax.
The NDP and Green Party both want to raise B.C.’s top personal tax rate.