Ontario continues trend of uncompetitively high personal income tax rates
Broken Promises: The persistence of elevated personal and corporate income taxes in Ontario
By Fraser Institute —— Bio and Archives--January 5, 2023
Canadian News, Opinion | Comments | Back To Full Article
TORONTO—Despite promises that provincial personal income tax increases in 2012 and 2013 would be temporary, successive governments have kept them in place for a decade, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “The recent history of personal income tax rates in Ontario is that tax increases governments promised would be temporary ended up being permanent,” said Ben Eisen, senior fellow at the Fraser Institute and co-author of Broken Promises: The persistence of elevated personal and corporate income taxes in Ontario.
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