A discussion paper on New Brunswick's tax system : Document de travail sur le régime fiscal du Nouveau-Brunswick

Options include • A simplified personal income tax structure with a flat reducing the provincial property tax to stimulate business tax of 10% of taxable income for all New Brunswickers investment and job creation, and measures to improve or two tax rates of 9% and 12%. [...] During this • Establish a carbon tax along the lines of the British review, the government will consider the options outlined Columbia model to encourage energy conservation, the in this paper and the views expressed to the Legislative use of cleaner fuels, and reduce New Brunswick’s output committee. [...] To find ways to make New Brunswick’s tax system Economic growth in all regions of New Brunswick highlights more competitive and to use it as a catalyst for growth, the need for more skilled workers, particularly in the skilled development and generating more income for New trades and technical and medical professions. [...] New Brunswickers been a number of significant reforms in the past decade, pay taxes to the provincial government to support a wide including the introduction of the Harmonized Sales Tax range of important public services: health care, education, in 1997 and the adoption of the “tax on taxable income” justice, social programs, economic development, and system for provincial personal income taxes in [...] The two-rate personal income tax system would also significantly improve the attractiveness of New Brunswick to households with middle and higher income levels, and would make the overall tax system more supportive of income growth and job creation.