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Tag: middle class tax cut

The Good, The Bad, and The Ugly of the Middle Class Tax Cut

Some background information During the 2015 elections, the now-governing federal Liberal Party announced in their campaign that they would implement what they called the Middle Class Tax Cut, which they promoted as being fairer to Canadians as opposed to the Family Tax Cut of the now-gone Conservative government. Family Tax Cut vs. Middle Class Tax Cut It seems rather clear …

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What’s New for 2015 Income Tax From CRA

We list the service enhancements and major changes below, including announced income tax changes that are not yet law at the time of printing. If they become law as proposed, they will be effective for 2015 or as of the dates given. For more information about these changes, see the areas outlined in the¬†General Income Tax and Benefit Guide – …

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