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Assuming the deduction of the basic personal tax credit that was ignored in the previous...

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Accounting

Assuming the deduction of the basic personal tax credit that was ignored in the previous question, answer the following: a) How much combined federal and provincial tax would an individual living in British Columbia have to pay on $100,000 of taxable income in 2022? b) Suppose a husband and wife living in British Columbia were to each earn $50,000 (i.e. their family income is $100,000), how much combined federal and provincial tax would this family have to pay in 2022? c) What is the difference in total tax owing to federal and provincial governments, between (a) and (b) above? Why does this difference arise? What is the tax planning strategy that attracts taxpayers on account of this set of circumstances?

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