View Single Post
Old 01-27-2009, 03:22 PM   #58
albertGQ
Franchise Player
 
Join Date: Jan 2004
Exp:
Default

This is what I care about the most

Quote:
Personal tax reductions: $20 billion in personal income tax reductions, including an increase in the basic personal exemption to $10,320 from $9,600. As well, you would stay in the lowest tax bracket (15 per cent) if you make $40,726 this year. It used to take $37,885 to trigger a jump into the next (22 per cent) tax bracket. The upper limit of that bracket would be increased by 7.5 per cent to $81,452. A single person earning $40,000 would save $115 from measures announced in this budget. A one-income family with two children earning $40,000 would save $148.
albertGQ is offline   Reply With Quote