High rates can influence people’s decisions on where to work or start new businesses.
personal income tax rate
In total, 48 U.S. jurisdictions have lower top PIT rates than every Canadian province.
In 2016, the Trudeau government added a new top personal federal income tax rate, increasing the top rate to 33 per cent.
Canada’s personal income tax rates are among the highest in the industrialized world.
More tax credits complicate the tax code.