The C.D Howe Institute is praising the provincial government for it’s Plan for Lower Taxes in New Brunswick tax reform.In the organizations 2009 Federal Provincial Tax Competitiveness Report, the plan is described as a “bright route leading to a pot of gold in terms of economic growth and prosperity”.The report recognizes this province as a government paying attention to the personal tax system, as well as having the lowest marginal effective tax rate on labour income east of Saskatchewan.The Plan for Lower Taxes will be fully implemented by 2012, and expects this provinces tax burden to be lowered by over $380 million dollars.
