Displaying items by tag: Statistics Canada

Saturday, 20 April 2024 06:50

Wealthiest Canadians' Tax Contributions

Recent discussions in Canada have spotlighted the tax contributions of the wealthiest citizens, especially in light of proposed changes to capital gains taxes. This debate is fueled by a report from the Fraser Institute, which claims that the top 20% of income earners pay nearly two - thirds of all personal income taxes. The question of what constitutes a "fair share" of taxes is complex, particularly when economic data suggests significant contributions from high - income families.

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