🇨🇦 Top 20% of Canadian earners pay more than half of all taxes, says study warning against increasing rates

So the class warfare slogan collapses on contact with arithmetic. The top 20 per cent of Canadian families already pay 65.3 per cent of personal income taxes and 58.3 per cent of total taxes, while earning 49.5 per cent of income, as reported. Meanwhile the bottom 20 per cent earn 4.3 per cent of income but pay just 0.7 per cent of personal income taxes and 1.7 per cent of total taxes. Yet the permanent Ottawa reflex is still louder redistribution, as if the state can tax its way out of the wreckage it created.

This is the Trudeau-era formula in one neat package: punish productivity, flatter envy, then act shocked when talent, capital, and ambition look south. The report even notes higher top rates can shrink taxable income and make Canada less attractive for doctors, scientists, managers, and software engineers. Brilliant strategy if the goal is to hollow out the country while feeding the bureaucratic machine. A serious country rewards the people carrying the tax base instead of treating them like a limitless ATM for ideological vanity projects.

🍁 Maple Chronicles