Thursday, December 31, 2009

Tax Cuts Coming

There should be some good news in paycheques starting next month.

Revenue Minister John Wilkinson says almost all Ontario residents will get a modest income tax cut starting in 20-10 because of the new harmonized tax.

But Kevin Gaudet, of the Canadian Taxpayers Federation, says no matter how the government tries to spin it, the single 13 per cent tax will hurt consumers.