Fuss: Contrary to rhetoric, high-income families pay most taxes in Canada | National Newswatch
Some politicians want to increase taxes on high-income earners in Canada. They claim that the “ultra-rich” don’t pay their, we measured the distribution of taxes paid by Canadian families across various income groups and found that the top 20 per cent pay nearly two-thirds of all federal and provincial income taxes while earning less than half of the country’s total income .
Why? Because of Canada’s progressive income taxation system. In such a system, both the federal and provincial governments tax individuals at higher rates when their income exceeds certain thresholds. 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.
Again, the top 20 per cent of families are the only income group that pay a larger share of total taxes relative to their share of collective income. In contrast, the bottom 20 per cent of income-earning families pay slightly more than two per cent of total taxes while earning roughly five per cent of total income.
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