Sweden has comparatively high payroll tax rates at 31.4 per cent.
The share of women in the top one per cent has almost doubled since 1982.
Of the total amount of taxes paid, most (53.2 per cent) will go to the federal government.
Increasing the employer payroll tax rate reduces the average hourly wage of workers.
The bottom half of earners in Canada earn 22 per cent of all income yet pay only 15 per cent of all taxes.
High marginal effective tax rates weaken the incentives for people to earn extra money.
The rate of return under the current CPP system is 2.1 per cent for Canadians born after 1971.