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Canada's poorest pay more taxes than its richest

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Canada's poorest pay more taxes than its richest

Submitted by Khalid on Sat, 2007/11/17 - 11:50

According to a study by the Canadian Centre for Policy Alternatives, Canada's top 1% earners -- families that earn $266,000 or more, paid 30.5% of their income in taxes. Canada's poorest 10% -- families earning less than $13,523 paid 30.7% in taxes.

The full study can be viewed in Eroding Tax Fairness (PDF).

The study proposes some controvertial methods though, such as making capital gains tax the same as income tax. 

Via CBC. 

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tax

Submitted by jennifer (not verified) on Mon, 2008/11/10 - 13:19.

why do taxes are more now and it will always be because of barack obama made that speech and now is going to be way more then the passed?

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