The province has the fourth-highest top combined personal income tax rate among all provinces and U.S. states.
personal income tax rate
August 16, 2024
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August 6, 2024
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This year the top 20 per cent of income-earning families in Canada will pay 54.2 per cent of total taxes.
July 8, 2024
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The tax increase will deter business investment in the economy and chase away capital.
April 15, 2024
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An individual making C$50,000 per year faces a higher income tax rate in Ontario than in every U.S. state.
January 16, 2024
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According to polling data, 80 per cent of Canadians don’t want average families to pay more than 40 per cent of their income in taxes.
August 29, 2023
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The bottom 20 per cent of income-earning families pay 0.7 per cent of all federal and provincial personal income taxes.
August 17, 2023
3:30AM
The top tax rate in Sweden applies to income starting at roughly US$62,000 compared to between US$535,000 and US$1 million in the United States.