Contrary to rhetoric, high-income families pay most taxes in CanadaSome politicians want to increase taxes on high-income earners in Canada. These higher-income families comprise the only income group in Canada that pays a larger share of taxes relative to its share of total income. All other Canadian families with incomes below the top 20 per cent pay a smaller share of personal income taxes than their share of income earned. On top of income taxes, Canadians also pay other federal, provincial and local taxes such as payroll taxes, sales taxes, property taxes, fuel taxes, profit taxes and many more. When the analysis includes the distribution of all taxes, the data show that high-income Canadian families still pay a disproportionate share of taxes.

Source: National Post November 03, 2022 17:05 UTC