Calculate the Tax Difference Between a British Columbia Resident and an Ontario

Multiple Choice

Calculate the tax difference between a British Columbia resident and an Ontario resident both having $20,000 in interest income and $25,000 in capital gains. $\textbf{ Combined marginal tax rates for individuals in top provincial tax brackets }$

A) British Columbia resident would pay $1,213.50 more than the Ontario resident.
B) British Columbia resident would pay $1,213.50 less than the Ontario resident.
C) British Columbia resident would pay $1,456.50 more than the Ontario resident.
D) British Columbia resident would pay $1,456.50 less than the Ontario resident.
E) There are no tax differences between the two tax payers.