High-skilled workers in Ontario face a marginal tax rate at least 11 percentage points higher than the median U.S. state.
income tax rates
Since 1961, the average family’s tax bill has increased 180.3 per cent after adjusting for inflation.
The province has the fourth-highest top combined personal income tax rate among all provinces and U.S. states.
Federal program spending will increase by a projected $115 billion over six years.
The province has some of the highest personal income tax rates in North America.
The province's program spending will increase by more than 85 per cent since 2016/17.
The tax increase will deter business investment in the economy and chase away capital.
At $50,000 of income, residents in the province face the third-highest tax rate among 61 jurisdictions in North America.
The Ontario government expects a net debt increase of more than $24 billion this year alone.
Only 16 per cent of Canadians said they receive good or great value for their tax dollars.