It was announced back in March in the provincial budget.
Tide News asked Liberal finance critic Roger Melanson if given the current fiscal situation the province really had any choice.
He says on the third budget of their mandate they made a desperate decision to increase income tax and we need to understand the impact it may have on consumer confidence and disposable income.
Melanson says corporations will pay more in taxes as well, but he says it's obvious the working person will carry the greatest tax burden.
