Every one per cent increase in the corporate income tax could translate into a loss of several hundred dollars per year for the average Canadian worker.
payroll taxes
January 19, 2016
1:30AM
April 29, 2014
2:00AM
Like other Canadians, you work hard for your money.
Faced with essential expenses such as food, clothing, and shelter, your household budget may feel squeezed. But what if we told you, your family's biggest expense is taxes?
Sure, you know how much you pay in income tax. After all, it's right there on your income tax return. In fact, income tax is the largest and most visible tax, taking $14 out of every $100 your family earns.
But that's just scratching the surface.