The last time the NDP were in power the personal tax rates in this province were 8.4%, 12.4% and 14.35% and an additional surtax at rates of 30% and 15% (of the provincial tax) making them some of the highest in Canada/North America.
The corporate tax rate for small business was over 5% and for big business was over 16%.
And those are just the provincial rates.
Compare that to today's personal rates of 5.06%, 7.70%, 10.50%, 12.29% and 14.70% without any surtax and 2.5% for small corporations and 11% for big.
Huge difference and there is no doubt that they will raise income taxes because that is what they do - always have, always will.
They're only proposing a 1% increase in corporate tax rate bringing the province on par with the other provinces and eliminating tax cuts for the top 2%.
If you put your crystal ball of what they'll actually do aside for a minute and just debates the proposed increases, don't you agree it's more pro-middle class, and not at all anti-business?
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