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low-income families in Canada

Low-Income Canadian Families Squeezed From Both ends

on September 13th, 2019 by The Afro News

When a dollar earned triggers higher taxes and simultaneously reduces benefits, what’s left to spend or save? A look at effective tax rates across provinces shows that many low-income families in Canada take home 40 cents or less on the additional dollars they earn. The marginal effective tax rate – which accounts for how much

Filed under: Business, Business, Canadian News, Familly Matters, Finance, Opinion/Comment, Point of View, The Bridge Tagged as: Low-Income Canadian Families Squeezed, low-income families in Canada, When a dollar earned triggers higher taxes
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