Passage: The highest rate of provincial corporate income tax was reduced from 17% to 14% on July 1, 2006. It was further reduced to 13% on July 1, 2007, and finally to 12% on July 1, 2008. The tax on paid-up capital was reduced from 0.6% to 0.3% on July 1, 2006, to 0.15% on July 1, 2007, and abolished altogether on July 1, 2008. These displayed values were obtained by adding the corporate income tax for each year with the corporate capital tax.
By how many percentage points was the provincial corporate income tax reduced between July 1, 2006 and July 1, 2008? How many percent was the corporate income tax reduced by from 2006 to 2008? How many percent was the corporate income tax reduced by on July 1, 2006? How many percent was the corporate income tax reduced by on July 1, 2007? How many percent was the corporate income tax reduced by on July 1, 2008? How many percentage points lower was the rate of provincial corporate income tax in 2008 compared to 2006? How many percentage points was the provincial corporate tax reduced on July 1, 2006? How many percentage points was the tax on paid-up capital reduced by from 2006 to 2007? How many percentage points was the tax on paid-up capital reduced from July 1, 2006 to July 1, 2008? Which tax was reduced by more percentage points, the provincial corporate income tax or the tax on paid-up capital? Which year was provincial corporate income tax lower, 2006 or 2007?