An individual making C$50,000 per year faces a higher income tax rate in Ontario than in every U.S. state.
High marginal tax rates on personal income can affect rates of charitable giving.
The budget plan lacks a comprehensive vision to enhance the province's competitiveness.
When tax rates increase, people often change their economic behaviour in ways that shrink the targeted tax base.
On average, the METR for modest-income families is 46 per cent compared to 43 per cent for the highest-income families.