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Economy

James48

(4,607 posts)

4. That's Canada.

Reply to OnlinePoker (Original post)

Thu Oct 27, 2022, 02:24 PM

Oct 2022

In the USA, the top 10% pay 70% of federal taxes. But gets because that same top 10% earns 70% of the USA earned income.

If they make more, they pay more. That’s ok.

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Highlight:

Top 20 per cent pay 61 per cent of Canada's income taxes, 'more than their share': study [View all] OnlinePoker Oct 2022 OP

A Pair Of Questions Arise, Sir The Magistrate Oct 2022 #1

From the report (linked in article) they earn 44.6% of total income. OnlinePoker Oct 2022 #2

+1. The so-called study in the OP is bullshit. Fraser Institute is a Koch-funded RW "think tank" Hiawatha Pete Oct 2022 #5

Rich Canadians are like.... TheRealNorth Oct 2022 #3

That's Canada. James48 Oct 2022 #4

Lying with statistics Fiendish Thingy Oct 2022 #6

So do they believe the bottom 20% have the ability to pay the same amount? Midnight Writer Oct 2022 #7

So much bickering over income tax bucolic_frolic Oct 2022 #8