At 53.53 per cent, the province has the third-highest top personal income tax rate in Canada and the United States.
At 53.53 per cent, the province has the third-highest top personal income tax rate in Canada and the United States.
The Biden administration plans to increase the U.S. federal corporate tax rate from 21 per cent to 28 per cent.
The large gap in tax rates means there’s a strong incentive for those affected to respond.
