
Knowledge Bureau Poll: Tax Cut Doesn’t Cut It!
The Notice of Ways and Means Motion was released on May 27, but the 1% tax rate cut going into effect on July 1, didn’t cut it with Knowledge Bureau Report readers who responded to our May Poll. A decisive 90% of respondents said “No” when asked: does the new government’s promise to cut the lowest personal income tax rate by 1% to 14%, (14.5% in 2025) go far enough to help Canadians impacted by high costs? Here were their comments and suggested alternatives based on real life experiences with the after-tax income their struggling clients are left with:Your Practice: Empathy is the Currency of Trust

It’s Not Too Late to Take the New Basic T1 Tax Course

Ontario Registered Pension Plan Postponed

Max the RRSP Now to Maximize the New CTB

Federal Budget: Tax Reforms Coming Soon
