Finance department study details workers hit hardest by tax, benefit system for extra earnings

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Newly released documents show Finance Department officials calculated that workers near the bottom of the income ladder are dinged harder for extra earnings than anybody else, including those at the top.

Besides paying more tax, making more money can mean losing other benefits aimed at alleviating poverty.

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Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

Article Written By:  Jordan Press, The Canadian Press

Original Article Posted on:  October 26, 2020

Link to Original Article:  https://www.advisor.ca/tax/tax-news/finance-department-study-details-workers-hit-hardest-by-tax-benefit-system-for-extra-earnings/

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