Why are you focusing on the least important part, personal income tax?
Corporate tax, royalties, and increased social spending are the main issues. You are correct that personal income tax will not affect most people more than a couple hundred bucks. Myself included.
Of course if you are laid off because the company you work for can no longer afford you due to their increased tax bill... I guess you could call that a 100% personal tax rate for those people!
Corporate tax, royalties, and increased social spending are the main issues. You are correct that personal income tax will not affect most people more than a couple hundred bucks. Myself included.
Of course if you are laid off because the company you work for can no longer afford you due to their increased tax bill... I guess you could call that a 100% personal tax rate for those people!