The top 10 per cent earned 29.1 per cent of all income but paid 35.8 per cent of the total tax burden.
income tax rates
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.
March 14, 2023
3:30AM
At 53.53 per cent, the province has the third-highest top personal income tax rate in Canada and the United States.
March 2, 2023
12:30PM
Tax reductions increase the expected net income from entrepreneurial innovation.
