At the national average income level, Nova Scotians face a provincial tax rate of 14.95 per cent on the next dollar they earn.
The top 20 per cent pay nearly two-thirds of all federal and provincial income taxes.
In 2021/22, federal personal income tax revenue grew by 6.2 per cent.
The top one per cent of earners paid 18 per cent of the income tax—double the combined income tax payments of the bottom 50 per cent of earners.
On an inflation-adjusted basis, the total tax bill for Canadian families has increased by more than 181 per cent since 1961.
In 2023/24, de-indexation could cost Albertans $706 million.
The province's top combined personal income tax rate stands at 53.53 per cent.
The total federal/provincial government debt is due to increase by $86 billion in 2022/23.