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. 
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.
Correct Answer:
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