50% of Canadians make $40,000 or less. Hedy Fry said it in the House of Commons just a couple of weeks ago during the debate over the Speech from the Throne.
----------------JonB2004-------------------------------------
From Statistics Canada website:
http://www.taxtips.ca/statistics.htm#TaxPie
Federal personal income tax breakdown.
Statistics Canada recently published a study titled Federal Personal Income Tax: Slicing the Pie, which examines the breakdown of federal personal income taxes paid by high and low income earners in Canada, from 1990 to 2002. Income earners were divided into 3 groups for the study:
10% of taxpayers with the highest incomes This group included taxpayers earning:
over $48,700 in 1990
over $64,500 in 2002
50% of taxpayers with the lowest incomes This group included taxpayers earning:
$19,000 or less in 1990
$23,000 or less in 2002
40%, or remaining taxpayers, with intermediate incomes This group included taxpayers earning:
$19,001 to $48,700 in 1990
$23,001 to $64,500 in 2002
The following tables summarize the results of the study.
a. Share of federal personal income tax paid by the 3 groups of taxpayers in Canada
Income group % of federal personalincome taxes paid
............................................1990.. ........2002
50% with lowest incomes..............6.7% ........4.4%
40% with intermediate incomes.....47.3%........43.0%
10% with highest incomes............46.0%........52.6%
Other tables show much lower compliance
by lower taxpayers
All information in this article adapted from Statistics Canada publication No. 11-621-MIE2005024, April 22, 2005.
----------------JonB2004-------------------------------------
From Statistics Canada website:
http://www.taxtips.ca/statistics.htm#TaxPie
Federal personal income tax breakdown.
Statistics Canada recently published a study titled Federal Personal Income Tax: Slicing the Pie, which examines the breakdown of federal personal income taxes paid by high and low income earners in Canada, from 1990 to 2002. Income earners were divided into 3 groups for the study:
10% of taxpayers with the highest incomes This group included taxpayers earning:
over $48,700 in 1990
over $64,500 in 2002
50% of taxpayers with the lowest incomes This group included taxpayers earning:
$19,000 or less in 1990
$23,000 or less in 2002
40%, or remaining taxpayers, with intermediate incomes This group included taxpayers earning:
$19,001 to $48,700 in 1990
$23,001 to $64,500 in 2002
The following tables summarize the results of the study.
a. Share of federal personal income tax paid by the 3 groups of taxpayers in Canada
Income group % of federal personalincome taxes paid
............................................1990.. ........2002
50% with lowest incomes..............6.7% ........4.4%
40% with intermediate incomes.....47.3%........43.0%
10% with highest incomes............46.0%........52.6%
Other tables show much lower compliance
by lower taxpayers
All information in this article adapted from Statistics Canada publication No. 11-621-MIE2005024, April 22, 2005.