Transparent Reporting on Government's Progress
Target: A positive amount of savings
Progress has been made on decreasing the amount of taxes paid by Manitobans. Broad-based tax reductions are saving Manitobans money each year, including:
As a result of these measures, Manitoba households are saving the estimated amounts noted in the table:
Annual average increase in tax savings to households
The average tax savings is determined by dividing the estimated cost to government of each tax reduction measure, as outlined in the annual provincial budgets, by the estimated 500,000 households in the province.
Reducing taxes enables Manitobans to keep more of their money.
Further tax savings will be implemented during the current mandate of government. This includes the continuation of Basic Personal Amount and the personal income tax brackets, further sales tax savings measures, and beginning the phasing out of education property taxes after the budget is balanced.