CTF Releases New Year's Tax Changes for 2019
• Increase in Canada Pension Plan tax rate will cost workers an additional $98 per year
• Canada Workers Benefit will help low-income taxpayers
• Bracket creep remains a problem in several provinces
By Canadian Taxpayers Federation -- Aaron Wudrick, CTF Federal Director —— Bio and Archives--December 27, 2018
Canadian News, Opinion | Comments | Back To Full Article
OTTAWA, ON: Today the Canadian Taxpayers Federation released its annual New Year’s Tax Changes report that highlights the increase to Canadian Pension Plan rates.
“Hiking CPP rates leaves taxpayers with less money to put into other savings options that could be used to help pay for further education or a first home,” said Aaron Wudrick, Federal Director for the CTF. “And this year’s hike is just the start as Ottawa is planning to raise CPP rates every year for five years.”Welcome to CFP’s Comment Section!
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