CUPE logo links to home page

Most to pay more under NB tax reform

Jul 10, 2008 03:45 PM
 

A government-commissioned report on reforming provincial taxes would cost all but the richest New Brunswickers more.

The report recommends a flat tax, an increase in sales tax and cuts to business taxes.

CUPE's detailed analysis of the proposed reforms suggests the changes would cost most New Brunswickers at least $500 per year. The richest 20 per cent of the population, on the other hand, would see reduced taxes of around $5300 per year.

"It’s hard to imagine tax reforms that are more regressive or less equitable,” said Paul Moist, who presented the union's findings to a government committee in Woodstock this week.