Latest / The Missing Middle Podcast
The Sneaky Tax Hike Nobody Voted For
Are provincial governments raising your taxes in secret? Economist Mike Moffatt and columnist Sabrina Maddeaux expose the hidden mechanism of bracket creep, a stealth tax increase impacting millions of Canadians.Because fixed-tax brackets in provinces like B.C., Manitoba, and Ontario fail to adjust for inflation, middle-class workers are automatically pushed into higher tax tiers, forcing them to pay taxes as though they are wealthy even though their purchasing power remains flat.We dive into why this particularly clobbers income-dependent younger Canadians (Millennials and Gen Z) and how…
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