To: Premier Tim Houston
Subject: Urge for a Reduction in Nova Scotia’s Provincial Income Tax Rate
This message is to urge the Nova Scotia Government to prioritize a reduction in the provincial income tax rate.
Currently, Nova Scotians face one of the highest provincial income tax rates in Canada. This excessive tax burden significantly impacts individuals, families, and businesses, hindering economic growth and reducing disposable income.
A lower provincial income tax rate would have several positive consequences:
Increased disposable income: Nova Scotians would have more money to spend on goods and services, stimulating local businesses and boosting the economy.
Enhanced competitiveness: A more competitive tax environment would attract businesses and skilled workers to the province, fostering economic growth and job creation.
Reduced tax burden on individuals and families: Lowering the income tax rate would provide much-needed relief for Nova Scotians struggling with the rising cost of living.
We believe that reducing the provincial income tax rate is a crucial step towards a more prosperous and competitive Nova Scotia. We urge the government to seriously consider this measure and take action to alleviate the financial burden on Nova Scotians.
Dan White
CEO of the West Nova Chamber of Commerce
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