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Friday, June 28, 2013

Your Pay Cheque Is About To Shrink

Tax increases go into effect as of Canada Day in the province because of the provincial budget. 

If you earn 30 thousand dollars a year, you will pay about $179 dollars more in provincial income tax and a single income earner making over 60 thousand will pay 796 dollars more. 

The Atlantic Director of the Canadian Taxpayers Federation Kevin Lacey tells CHSJ News this is a problem of the government's own making because of overspending.

The Taxpayers Federation would like to see a commitment from the Premier that once the provincial budget is balanced, these tax increases will be rolled back.