The provincial government is being accused of a bracket creep by the Canadian Taxpayers Federation.
A bracket creep is when an employee receives an increase in wages to cover the cost of living and moves up a tax bracket when doing so.
The Federation’s prairie director is Todd Mackay. He says the provincial government is not being honest when it comes to raising taxes.
““The increased and expanded PST washed out the benefits of the half-point reduction to income tax rates and bracket creep is sneakily eating further into family budgets,” said MacKay. “The Saskatchewan government needs to get back to its commitment to fairness and get rid of bracket creep in the next budget.”
Mackay says spending cuts should take place so the provincial government would not have to bring back bracket creeping.
The provincial government is responding by saying lower personal income tax rates were introduced last July, and this reduction will save taxpayers more than 10 times what indexation would have saved them in 2018.”