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Federal Budget

Date Submitted: 10/05/2004 03:34:38
Category: / Literature / English
Length: 2 pages (597 words)
Views: 16598

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…higher than it was before 1998. last year's budget eliminated the general 3 per cent surtax for those with taxable incomes of up to about $50,000. This budget eliminates the 3 per cent surtax for the remaining taxpayers - those who have taxable incomes of more than $50,000. According to Martin, this measure will remove 200,000 Canadians from the tax rolls in addition to the 400,000 low-income earners who no longer had to pay taxes last year. This year's budget also adds $300

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