federal personal income tax

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If families who receive CCB transfers begin to earn a higher income, their cash transfers will be reduced—a disincentive to hard work.


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The province’s top earners face a tax rate of 53.5 per cent on any additional earnings.


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As the tax deadline looms, here’s a brief history of Canada’s federal income tax, which has changed dramatically over the years.

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Ontario’s top combined personal income rate is 53.5 per cent—one of the highest rates in the developed world.