EN FR

Taxpayers Federation calls on Houston to join Liberals and end bracket creep

Author: Jay Goldberg 2023/03/29

The Canadian Taxpayers Federation is calling on Nova Scotia Premier Tim Houston to support legislation introduced by an opposition Liberal MLA that would index provincial income tax brackets to inflation.

“With inflation sky-high and the cost-of-living soaring, there’s never been a more important time to end bracket creep and stop the government from profiting off of inflation at taxpayers’ expense,” said CTF interim Atlantic Director Jay Goldberg. “The Nova Scotia Liberal Party has introduced a motion in the Legislature to index income tax brackets to inflation and the Houston government should support it.” 

Bracket creep occurs when governments don’t move tax brackets with inflation and inflation sends taxpayers into higher tax brackets even if they can’t actually afford to buy more.

Houston has rejected recent calls to end bracket creep.

“Houston is completely out of touch in opposing tax reform,” said Goldberg. “Families can’t afford massive tax hikes so that Houston can refuse to keep government spending in check.”

Nova Scotia and Prince Edward Island are the only two provinces in Canada that fail to index income tax brackets to inflation. Failing to do so costs taxpayers in both provinces hundreds of dollars a year.

“Because the Houston government has decided to keep profiting off of bracket creep, Nova Scotia taxpayers will pay anywhere from $175 to $653 more in income tax this year alone,” said Goldberg. “This is a tax hike by stealth and it’s time for Houston to put an end to it.”


A Note for our Readers:

Is Canada Off Track?

Canada has problems. You see them at gas station. You see them at the grocery store. You see them on your taxes.

Is anyone listening to you to find out where you think Canada’s off track and what you think we could do to make things better?

You can tell us what you think by filling out the survey

Join now to get the Taxpayer newsletter

Franco Terrazzano
Federal Director at
Canadian Taxpayers
Federation

Join now to get the Taxpayer newsletter

Hey, it’s Franco.

Did you know that you can get the inside scoop right from my notebook each week? I’ll share hilarious and infuriating stories the media usually misses with you every week so you can hold politicians accountable.

You can sign up for the Taxpayer Update Newsletter now

Looks good!
Please enter a valid email address

We take data security and privacy seriously. Your information will be kept safe.

<