Good news for wealthy donors: New high-income tax bracket to be matched by higher tax credit

On Monday afternoon, Finance Minister Bill Morneau formally asked the wealthiest one per cent of Canadians “to contribute a little more” by tabling a Notice of Ways and Means Motion in the House of Commons that will have Canada’s highest income earners paying four per cent more federal tax on taxable incomes above $200,000 starting Jan. 1, 2016 “to help pay for (the) middle class tax cut.” (Financial Post)

This entry was posted in English on by .

About Marnie Grona

Marnie Grona is a marketing communications professional based in Toronto who works for Imagine Canada as Director, Marketing and Communications. She has a Masters Certificate in Marketing Communications Leadership through the Executive Education Centre of the Schulich School of Business and studied marketing and advertising at the University of Winnipeg. She also has a background in arts marketing and management where she served at the Winnipeg Symphony Orchestra, Winnipeg Fringe Theatre Festival and the Royal Manitoba Theatre Centre.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s