Why did Steven Harper cancell the the increase in Personal Income Tax exemption ?
It was put in place by the previous government .At the same time he reduced the GST by 1% and increased the income tax rate on the lowest inome tax group by 0.50%. The exemption was very helpful to us in the last tax year..you'd have to be rich and spend a great deal of money to have the reduction in GST to make a difference to you and the increased rate on the lowest tax bracket--is it because the poor have no voice and he figured he could get away with it without much fuss?
Public Comments
- Exactly. The Democrats tax the middle class and low-income people. They SAY that they're taxing the rich, but just try to get them to define who is "rich." If you have a home, a decent job, and a computer, I guarantee that the Democrats think you're rich. .
- You didn't get it last year either. Have you done your 2006 taxes yet. Did you qualify for any of the other breaks that were in the last budget? He never increased any personal exemptions, only cancelled reductions that the Liberals had introduced in their budget. New government, new approaches to tax relief.
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