Expenditures on housing comprise less than half of what the average family pays in taxes.
income taxes
September 28, 2023
12:27PM
September 27, 2023
3:30AM
Between 45 to 50 per cent of all federal revenue comes from the personal income tax.
August 29, 2023
5:30AM
The bottom 20 per cent of income-earning families pay 0.7 per cent of all federal and provincial personal income taxes.
August 10, 2023
11:30AM
By raising top tax rates, the government discourages entrepreneurship and innovation.
July 17, 2023
8:11AM
The top 20 per cent of income-earning households paid 61.4 per cent of the country’s personal income taxes in 2022.
June 27, 2023
2:30AM
According to budget forecasts, the federal government will run a $40.1 billion deficit this year.
June 19, 2023
9:10AM
In 2023, the average Canadian family earning $140,106 will pay 46.1 per cent of their income in taxes.
June 15, 2023
8:48AM
Lower income tax rates incentivize people to work, save, invest and engage in entrepreneurial activities.