VANCOUVER—Despite common misperceptions that top earners pay little tax, Canada’s top income-earners pay a disproportionate—and growing—share of all taxes collected by government, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“The notion of tax fairness has come up recently to justify even higher taxes on top earners, but in reality, they already pay a disproportionate share of the tax bill,” said Charles Lammam, director of fiscal studies at the Fraser Institute and co-author of Measuring the Distribution of Taxes in Canada: Do the Rich Pay Their “Fair Share”?