Quote:
Originally Posted by q12
With record population growth in Halifax and all of Nova Scotia, isn't it time we reduce the high income tax rates in this province (especially the under 60,000/year tax brackets). These new residents are adding to the provinces coffers through new income tax collected.
Nova Scotia's current population estimate: 1,028,535
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I've thought of this recently. I wouldn't be gung-ho on big tax cuts (we need money to spend on transport, housing, and more) but a modest cut in lower tax brackets would be very well-received, and could be positioned as a progressive move--i.e., it would primarily benefit those most in need, but there would be some benefit for everyone.