CTF Releases New Year’s Tax Changes for 2020
• Increase in basic personal amount will give most income earners a $138 tax reduction
• The increase in Canada Pension Plan premiums will cost up to an additional $97 per year
• Bracket creep remains a problem in several provinces
By Canadian Taxpayers Federation -- Aaron Wudrick, Federal Director—— Bio and Archives--December 27, 2019
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 impact of income-related tax changes.
“The good news is that the Trudeau government’s decision to increase the basic personal amount will mean most Canadians see a reduction in income-related taxes,” said Aaron Wudrick, Federal Director for the CTF.
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