The province has one of the highest business tax rates in North America.
canadian income tax
At the national average income level, Nova Scotians face a provincial tax rate of 14.95 per cent on the next dollar they earn.
In reality, 81 per cent of middle-class families now pay higher income taxes.
More than 80 per cent of middle-class families have experienced an increase in their federal income taxes.
Canada’s 2018 version of the Income Tax Act contains 3,302 pages and 1,101,499 words.
Canada’s federal net debt will climb to $831.5 billion by 2022-23.
The program is designed so Canadians who die early in life subsidize those who live longer.
Prime Minister Trudeau is on track to increase per-person federal debt more than any other prime minister in Canadian history who didn’t face a world war or economic recession.
Almost three-quarters of Canada’s total tax burden is paid by the working-age population.