In 1975, a province reduced its personal income tax rate by 2 percent for most taxpayers  In 1976, the personal income tax rate for those taxpayers was again reduced by 2 percent
Despite the decreases in the personal income tax rate, the total amount of money collected from personal income taxes remained constant from 1974 to 1975 and rose substantially in 1976
The definition of personal income used by the province was widened during 1975 to include income received from personal investments.