More than 60 per cent of lower-income families now pay higher federal income taxes.
income tax rates
January 15, 2024
12:10PM
January 9, 2024
9:38AM
The federal carbon tax will rise to $80 per tonne this year.
December 11, 2023
2:30AM
The federal government raised the top income tax rate from 29 per cent to 33 per cent.
December 1, 2023
9:10AM
The top 10 per cent earned 29.1 per cent of all income but paid 35.8 per cent of the total tax burden.
September 27, 2023
3:30AM
Between 45 to 50 per cent of all federal revenue comes from the personal income tax.
August 29, 2023
5:30AM
The bottom 20 per cent of income-earning families pay 0.7 per cent of all federal and provincial personal income taxes.
August 23, 2023
11:30AM
Sweden has comparatively high payroll tax rates at 31.4 per cent.
July 17, 2023
8:11AM
The top 20 per cent of income-earning households paid 61.4 per cent of the country’s personal income taxes in 2022.
June 15, 2023
8:48AM
Lower income tax rates incentivize people to work, save, invest and engage in entrepreneurial activities.