GayandRight

My name is Fred and I am a gay conservative living in Ottawa. This blog supports limited government, the right of the State of Israel to live in peace and security, and tries to expose the threat to us all from cultural relativism, post-modernism, and radical Islam. I am also the founder of the Free Thinking Film Society in Ottawa (www.freethinkingfilms.com)

Saturday, April 23, 2005

Is our tax system fair?

Here's a new study that shows that the top 10% of earners in Canada pay 50% of income taxes.
he study, called Federal Income Tax: Slicing the Pie, examined data of 4.5 million filers between 1990 to 2002.

"The results were conclusive. The one-tenth of tax filers who were in the highest earnings bracket provided more than one half of the revenue from federal income tax in 2002," wrote Patrice Martineau, analyst at StatsCan and author of the report.
And, the top 10% are paying more than ever...
Martineau's study also found the proportion of tax the highest filers are paying has been increasing. "In 1990, this 10 per cent of tax filers accounted for 46.0 per cent of total federal income tax; by 2002, this group accounted for 52.6 per cent."
Let's make the system fairer - and go to a flat tax.

Links to this post:

Create a Link

<< Home