
October 18, 2005
The Share of Income Tax Paid by the Rich
New from the Canadian Centre for Policy Alternatives, The Share of Income Tax Paid by the Rich: The Business Press Gives Another Lesson on How to Deceive with Statistics by Neil Brooks of Osgoode Hall Law School.
Despite recent reports to the contrary, Brook's report claims that Canada’s high-income earners do not pay a disproportionately large share of personal income tax. The report takes a closer look at the numbers in Statistics Canada’s “Tax Incidence in Canada” which sparked a series of news stories claiming the top 10% of income earners pay 52% of the total tax bill. Brooks finds these figures both misleading and incomplete.
The Share of Income Tax Paid by the Rich full report is available on the CCPA web site: http://www.policyalternatives.ca
Posted by Taxes.ca Editorial Team [permalink]
TAXES.CA provides taxation and personal finance information. The view and opinions expressed by authors in our postings are not necessarily those of TAXES.CA. Information on this site should not be construed as investment advice. For taxation and financial planning advice users are advised to consult a professional. For additional information visit TAXES.CA's Terms of Service.
To protect against malicious comments, all comments will undergo an approval process before being posted.
|