The province's top combined income tax rate increased from 39 per cent in 2014 to 48 per cent today.
income taxes
In all four Atlantic provinces, workers at the national average income level must earn more than $152 to boost their after-tax income by $100.
At the national average income level, Nova Scotians face a provincial tax rate of 14.95 per cent on the next dollar they earn.
The top 20 per cent pay nearly two-thirds of all federal and provincial income taxes.
In 2021/22, federal personal income tax revenue grew by 6.2 per cent.
The top one per cent of earners paid 18 per cent of the income tax—double the combined income tax payments of the bottom 50 per cent of earners.
On an inflation-adjusted basis, the total tax bill for Canadian families has increased by more than 181 per cent since 1961.
In 2023/24, de-indexation could cost Albertans $706 million.