Lower Taxes, Less Money

The province's Opposition Finance Critic says despite a tax reduction to take effect tomorrow, taxpayers will actually have less money than before the March 2009 budget. Bruce Fitch says taxes are still not down to the level they were in 2007 and new fee increases means taxpayers will see less money than before the tax cuts.

Among the hikes are increased fees for vehicle registrations and driver’s licenses. Fitch says the Graham government is trying to make itself out as a hero by cutting taxes when New Brunswickers will have a deeper hole in their wallet than before. The Plan for Lower Taxes includes personal income tax savings of about 124 million dollars this year.