What are progressive and regressive taxes?(Example-1)
A progressive tax structure means that the more a person earns, the higher the rate of tax. Some taxes are regressive, meaning that the portion of income paid is higher…
A progressive tax structure means that the more a person earns, the higher the rate of tax. Some taxes are regressive, meaning that the portion of income paid is higher…
Each level of government levies taxes in a variety of ways. The federal and provincial government have income tax. When you file your taxes each year, a portion of what…
Nova Scotia spent $9.9 billion in 2013-14 delivering programs and services to Nova Scotians. The largest portions of these expenses go to funding our healthcare (40%), education (11%), and social…
Why do we pay taxes? Everyone pays taxes, and every level of government levies taxes. At the provincial level, taxes pay for the programs and services the Government of Nova…