Posted Apr 11, 2015, 3:36 PM
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Registered User
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Join Date: Aug 2009
Posts: 2,913
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I think it's extremely unlikely that these new tax brackets will raise as much money as the government claims. A lot of the people in this income range have professional corporations (lawyers and doctors in particular) and are able to utilize "loopholes" to reduce the amount of tax they pay. Furthermore, there is now even more of an incentive to maximize RRSP contributions if you aren't already doing so.
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