May 2025 Poll

It’s a start.  But I’d like to see some encouragement for entrepreneurs.  A tax return with a net self employment income of just $26,000 and they owe $4K between taxes and CPP.  And that’s in Alberta, it would be even more in some other provinces.  Or a single senior living off CPP and OAS supplementing her income by cleaning houses.  Brining in just $20K in self employment income and owing $6,500.  Not quite 65 so can’t opt out of CPP.  The people who are trying to work for their living are hurting the most.

By Jodi on May 27, 2025

Cutting the tax rate 1% is a beginning. However, in my opinion what is really needed is to simplify the personal income tax return. Not necessarily a popular suggestion to a group of tax preparers, I suppose.

By Amy Lupa on May 25, 2025

The powers that be have absolutely no idea what folks on the lower end of income pay.  I did a return for a young person who just graduated in June 2024.  Worked at Sobeys part time while in school, got a full time job after graduation.  Total income for the year $26,550, total taxes owing $2427 in NS. leaving $24,123 to live on.  1% is almost meaningless for that person. If he lived in AB, he would pay $881 less.  But still not enough to live on.  A realistic minimum income would go a long way to cutting back on medical and social costs across the country.

By Pat Gamborg on May 22, 2025

Reductions in taxes for the lowest income persons in Canada will always be welcome.
Having said that, I have always been a proponent that the Basic Exemption limit should be equal at least to the poverty level in Canada.

By Sandra June Gibbs on May 22, 2025

In order to have money :

one needs to :

explore ways to get sources of money

AND

explore ways to reduce spending

There is a Chinese saying with exactly that meaning.

( OPEN source, reduce dripping )

Every bit helps.

avoid the sights of every family going broke and some becoming criminals.  Such social cost is going to be unbearable.

What would the leaders do ?  wait till the next election ?!

By Stephen Cheung on May 15, 2025

I’ve long felt that it would be good policy to increase the basic personal exemption significantly.  While this would impact everyone, it would have a proportionally higher impact on lower income Canadians.

Then we could begin to have a discussion on what tax policy ought to look like in Canada…I won’t hold my breath though.

By Derek T on May 14, 2025

I have ZERO belief that they will follow through.  I also believe that now they have finished the election, the carbon tax will be back.  Because it never left.

By Doris M WOODMAN-MCMILLAN on April 30, 2025

Not even close, an absolute joke by an absolute fraud who will destroy this country with his ‘mandates’.

By Matt Valenti on April 30, 2025