By Fraser Institute —— Bio and Archives--July 13, 2023
CALGARY—The top combined personal income tax rate in every province (except Alberta and Saskatchewan) currently exceeds 50 per cent—yet the majority of Canadians (58 per cent) believe that personal income tax rates should not exceed 50 per cent, finds new polling data published today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“Clearly there’s a difference between income tax rates in most provinces and the rate most Canadians believe is appropriate,” said Jake Fuss, director of fiscal studies at the Fraser Institute and coauthor of A Poll of Canadians on the Fair Share of Taxes.
Conversely, only 19 per cent of Canadians believe top personal income tax rates should exceed 50 per cent (while the remaining 23 per cent of respondents didn’t know or chose not to answer).
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