Outrageous claim of a ballooning tax bill

“The total tax bill, which includes all types of taxes, has increased by 1,886% since 1961,” concludes the Fraser Institute in its 2015 Canadian Consumer Tax Index. Even if the estimation is sound (a big “if”), the tax surge can only be true when inflation is totally ignored. It’s a…
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Pop-up tax boutique: the home reno tax credit

The first major election promise from the federal Conservatives: a permanent home renovation tax credit. On the surface this looks like an astute manoeuvre, given that home renovation has been booming in recent years. Canadian Press called the proposed credit a “big budget campaign promise,” but on closer inspection it is pretty…
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