Quote:
Originally Posted by powderjunkie
Proportionally 20%, grossly 2%. Both figures are correct, both are useless on their own. Maybe we can all just be accurate/honest and say from 10% to 12%?
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For Provincial taxes. The Federal rate stayed the same at 15%, and is calculated virtually the same way. So, a company's total tax bill went from 25% to 27%, or a 8% proportional increase.