Federal tax reform can reduce the top marginal income tax rate and eliminate middle income tax rates, leaving just two tax rates
VANCOUVER—The federal government can reduce the top marginal income tax rate to 29.0 per cent—where it was before the Trudeau government increased it—and completely eliminate the three middle income tax rates of 20.5 per cent, 26.0 per cent, and 29.0 per cent by reforming and simplifying the tax code, finds a new report published today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.