I Had a visit with my long time Tax professional, AKA my Aunt who is also a corporate accountant for Halliburton.
She informed me that my tax rate will remain basically the same.
I don't mind paying more in taxes as I am a bit of a socialist who support programs for Kids and the Elderly.I guess its the Canadian in me!
I do have an issue with being penalized and paying more in taxes for being single with no dependents.
People get pissed when I say this but having Kids is a decision which can create Debt. I equate having a kid to making any large purchase that creates debt. With that being said, why is a child Tax credit available? Why isnt there a Tax credit for people without Kids?
What are your Thoughts...