Here are the tax brackets:
This is not how it works. Each bracket is taxed at that rate for the amount in that bracket so lets say your earn $40,000 The first $10,320 gets 0% tax. $29,680 is taxed at 15% tax. Make sense? Put in short form your are never worse off by earning more money.
James is correct. You always end up with more money in your pocket as your earnings increase. Also remember that the tax brackets shown are just the federal rates. You also have to pay provincial tax, which has its own set of brackets.
