Dear John,
For six years now the federal government has repeated the claim that it lowered personal income taxes for the middle class.
But it is true?
A new Fraser Institute study out today finds that not only is it not true, it is the opposite of true: the government has in fact increased the personal income tax burden on most middle-class families!
It is true that in 2015, the government reduced the second-lowest personal income tax rate.
But they also scrapped income-splitting for couples with young children and eliminated a series of tax credits, which more than offset the savings from the tax rate reduction.
As a result, 86% of middle-class families have since experienced an increase in their federal personal income tax burden!
Find out how much more your family might be paying with our tax increase calculator here – and be sure to share this one on social media.
Stay safe,
Niels Veldhuis
President
The Fraser Institute
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