Tag Archive for Tag: Liberal Party of Canada

Tag: Liberal Party of Canada Six ways the family finances will affect after Liberal election win

  Six ways the personalp will affect after Liberal election win   Lower taxes for majority earners, but not for high-earner The basic personal amount, which is what you can earn without paying taxes, will rise by close to $2,000 over the next four years to $15,000. The average family will ultimately save $600 from this tax cut, while high-earning families save nothing. You fully benefit from this measure if you make less than $150,605 and it gets eliminated entirely at $214,557. The overall level of tax relief from this measure sounds modest,   A break for university and college

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