In 2023/24, de-indexation could cost Albertans $706 million.
personal income tax rate
The province's top combined personal income tax rate stands at 53.53 per cent.
The province's top combined personal income tax rate is 53.5 per cent, the third-highest rate among all provinces and U.S. states.
The average Nova Scotia family will pay more than 44 per cent of their income on taxes this year.
Measuring the Impact of Federal Personal Income Tax Changes on Middle Income Canadian Families since 2015
Lower tax rates improve incentives for people to work, save, invest and engage in entrepreneurship.