“TAX TIME”
April 30th was the deadline for filing Personal Income Tax returns for Manitobans. Thanks to this NDP government, we notice the tax pinch much more than if we were taxed in other Provinces. Manitobans are the highest taxed to the West of Quebec. High tax rates make our Province non-competitive compared to other provinces and this is part of the reason people choose to live elsewhere and do business elsewhere.
A family of four with two income earners who made $60,000 in 2007, must pay the following amounts of income taxes to their Provincial government:
Manitoba - $3,276
Saskatchewan - $2,996
Alberta - $1,831
B.C. - $1,306
Ontario - $1,187
The 2008 Budget only made a slight difference to our taxes in Manitoba. This same Manitoba family will only save $55.00 this year, however if they have 2 vehicles, their vehicle registration fee increase will eat up $40.00 of that saving. Therefore, the average family of 4 will only have a $15.00 net saving over last year. How will you spend your $15.00? All I will be able to buy for that $15.00 is a haircut.
The numbers speak for themselves.