Dear John,
Did you know that individuals at the same level of income in different provinces often face significantly different tax rates?
It's true – and a new bulletin published by the Fraser Institute today analyzes these differences.
There is a clear division between provinces east of the Ontario-Quebec border and those to the west. Amongst the western provinces and Ontario, the marginal provincial rate at the national average income level ranged from 7.70 to 12.75%. In Quebec and Atlantic Canada marginal rates are higher, ranging from 13.80 to 16.62%.
This discrepancy has clear consequences for Canadians. For example, a British Columbian must earn $139 to increase their take-home pay by $100. In Nova Scotia and New Brunswick that figure is $155.
Dig into the provincial numbers here, and be sure to share this news with your friends and colleagues!
Sincerely,
Niels Veldhuis
President
The Fraser Institute
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