Canadians pay higher personal income taxes than Americans at virtually every income level
Canada’s Rising Personal Tax Rates and Falling Tax Competitiveness
By Fraser Institute —— Bio and Archives--March 12, 2019
Canadian News, Opinion | Comments | Back To Full Article
VANCOUVER—Canadian workers across the income spectrum—and across the country—pay significantly higher personal income taxes than their American counterparts, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“Income taxes are a major attractant—or deterrent—for entrepreneurs, businesses and workers looking to start a business, expand operations or relocate, and at virtually every level of income, Canada’s tax rates are uncompetitive with the U.S.,” said Robert P. Murphy, Fraser Institute senior fellow and co-author of Canada’s Rising Personal Tax Rates and Falling Tax Competitiveness.Welcome to CFP’s Comment Section!
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