Top 20% of Canadian income-earning families pay more than half of all taxes
CALGARY—The top 20 per cent of income-earning families pay more than half (54.7 per cent) of total taxes including personal income, sales and property taxes, according to a new study published by the Fraser Institute, an independent non-partisan Canadian think tank. “Despite the common misperception that top earners don’t pay their ‘fair share’ of taxes, in reality these households pay a disproportionately large share of the total tax bill,” said Tegan Hill, economist at the Fraser Institute and co-author of Measuring Progressivity in Canada’s Tax System.- Thursday, August 5, 2021