middle class income

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The federal Liberals delivered their Throne Speech last week, emphasizing the planned middle-class tax cut. Yet there are two major problems with the government's proposed tax reform.

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There has been much handwringing over the claimed disappearance of the middle class. From a bestselling international tome to domestic tax-and-spend types who think higher taxes will create more middle-income earners, there is no shortage of those who over-focus on redistribution and underestimate the benefits of opportunity.