Home / Personal Growth / 92% of families face tax hike of over $2,200 beginning in 2019: Fraser Institute

92% of families face tax hike of over $2,200 beginning in 2019: Fraser Institute

 

 

Canadian Liberals Declare War On The Middle Class And Working Class!

Prime Minister Justin Trudeau speaks in Ottawa on Thursday, Dec. 14, 2017.Justin Tang / Image Courtesy of Canadian Press.

 

 

What was the most surprising thing you found in the report?

“Canadian families will endure a significant tax increase and that tax bill will increase over time. The Trudeau government has talked a lot about cutting taxes for families. Based on the personal income tax changes they’ve already put in the case, we’ve found that’s not true for the vast majority of middle-class families. But then there are major tax changes set to come into effect, starting next year, particularly the payroll tax hike to fund the Canada Pension Plan expansion. We found that plus what has already been implemented will result in over 92% of all families with children in Canada paying higher taxes and they’ll be paying on average $2,200 more per year.”

Jenny Yuen

 

 

 

 

 

 

Please follow the link to read the original article. Under Fair Use.

 

92% of families face tax hike of over $2,200 beginning in 2019: Fraser Institute

 

 

Written By Jenny Yuen

Source: TORONTO SUN.

 

About Patrick Ireland

My name is Patrick Ireland, living in the Philippines with my wife and two daughters. I have been studying the web for over a decade. Now that I am 60 years old, I am starting to apply some of the knowledge that I have gained. "Learn from yesterday, live for today, hope for tomorrow. The important thing is to never stop questioning." -Einstein.

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