Also more likely to lose out from extra earnings through working more hours or getting a higher-paying job were workers who live in Quebec, and those between the ages of 35 and 44.
Women were more likely than men to lose out on 60 per cent or more of their extra earnings, which the recently released analysis chalks up to their slightly greater reliance on federal supports. She said a review is necessary because the tax system was designed in the past and doesn’t fully capture the economy as it is currently structured, which creates difficult choices about working more, but not netting much more income.On average, workers lost $341 for every $1,000 increase in their earnings, based on the 2017 data the paper relied on.
The study said the proportion of low-income workers who lost out on 50 per cent or more of their extra earnings was double the proportion of workers in the country’s top income bracket.
financialpost It is about time someone analyzed this unfair Taxation system that steals money from low and middle income Canadians. At the end we get to keep very little when everything is way more expensive ! Tax system needs a big change! But we need responsible leaders !!!
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