Facts should defuse 'fair share’ rhetoric on taxes

There’s a lot of talk right now in the U.S. presidential race about the wealthy not paying their “fair share” of taxes. There are similar concerns in Canada. Although the term “fair share” is rarely defined, clearly some Canadians believe top-earners are getting away without paying much tax.Let’s take a look at the Canadian data. The results may surprise you.If we just look at personal income taxes, the top 10 per cent of earners—the country’s high-skilled, educated workers including entrepreneurs, business professionals, engineers and lawyers—earned 35 per cent of Canada’s total income yet paid 54 per cent of federal and

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