If taxes go up I'll just start penny pinching. I'll have to. One less drive to Banff, one less trip to the theatre, one less restaurant or a smaller tip. If I'm paying more tax I have less money to spend on other things.
Maybe investing more money is a better option to make up some of the extra tax I'm now paying.
It's a reality. I don't have more disposable income just because there's a new tax.
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