2.2 C
Ottawa
Wednesday, November 5, 2025

Top 20 Percent of Canadian Income-Earning Families Pay More Than Half of Total Taxes: Study

Date:

Top 20 Percent of Canadian Income-Earning Families Pay More Than Half of Total Taxes: Study

People walk past Parliament Hill in Ottawa on Oct. 23, 2019. The Canadian Press/Sean Kilpatrick

Canada’s top 20 percent of income earners pay more than half of all taxes collected, making them the only income group that pays a greater share of all Canadian taxes than their share of total income.

The top 20 percent of Canadian families ranked by income pay 56.9 percent of all taxes, while their share of total income is 47.8 percent, according to a Fraser Institute study released July 17. For all other income groups, the share of total income is higher than the share of taxes paid, with the bottom 20 percent earning two and a half times more than the portion of taxes they contribute.

Share post:

Subscribe

Popular

More like this
Related

How Photos in Australia Became a Tool of Threat for a Family in China

A group of young Chinese men accused of taunting...

5 Percent Housing Scheme Under Scrutiny as Prices Jump at Fastest Rate in Over 2 Years

A house under construction stands in front of newly...

Reeves Puts Country on Notice for Tax Hikes as Each of US Must Do Our Bit

Chancellor Rachel Reeves delivers a speech in the media...

ASIO Chief Puts CCP on Notice in Foreign Interference Warning

Burgess says Beijing remains firmly in focus of the...