Top 20% of Income-Earning Families in Canada Pay Nearly Two-Thirds of Personal Income Taxes: Report
The Canada Revenue Agency headquarters in Ottawa is shown in a 2011 file photo. Higher income-earning families in Canada pay the lion’s share of the country’s taxes, a new report suggests. The Canadian Press/Sean Kilpatrick
The top 20 percent of income-earning families in Canada pay the lion’s share of the country’s taxes, a new report suggests.
The findings that higher-earning Canadians are already shouldering the majority of taxes are contrary to “common misperceptions,” according to the authors of the report, released by the Fraser Institute.
Jennifer Cowan
Author
Jennifer Cowan is a writer and editor with the Canadian edition of The Epoch Times.