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This document presents the implications for households individuals, provincial and federal income taxes if total personal income taxes are reduced by a target dollar value. Results are based off of simulations conducted using SPSM 29.0 for the 2021 tax year. Eight different target values for the reduction in PIT were simulated. The overall results of each simulation are presented in the "Main Results" tab and results broken down by baseline income group are presented in the "Distributional Results" tab.
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This document was prepared by Vivic Research for UBI Works on July 6, 2023.
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