Yes, on average, income taxes will be lower. If you also include the GST reduction, nearly everyone will have a real decrease in their income taxes.
On May 10th, 2006. See this statement in context.
On May 10th, 2006. See this statement in context.
May 10th, 2006 / 4:55 p.m.
General Director, Analysis, Tax Policy Branch, Department of Finance
Yes, on average, income taxes will be lower. If you also include the GST reduction, nearly everyone will have a real decrease in their income taxes.
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