Trudeau tax hikes hurt lower-income families
Toronto Sun: 'For many families across Canada, times are tough. The cost of living, spurred by high rates of inflation, has soared. And while the Trudeau government has repeatedly said it wants to help families “who are working hard to join the middle class,” it’s actually made life more difficult for many lower-income families by increasing the amount of income taxes they pay...
'...For starters, the government reduced the second-lowest personal income tax rate, yet few taxpaying families with children in the bottom 20% of income earners (that is, with a household income below $70,991 in 2019) have individual incomes in this range, so consequently very few benefited from the tax cut.
'The government also eliminated a number of tax credits — for children’s fitness, public transit, education and textbooks, income splitting for couples with children, and more — which had previously allowed families to reduce their income tax burden.'