How on earth does that work? Doesn't pass the sniff test for Canada. 16% as a perentage of gross earnings?
Based on this (pg 2) - they've only used the Federal Rate (15.5%) at a 30K income. Add in provincial and the rate should be more like 28%.
http://www.pwc.com/ca/eng/ins-sol/pu...s/tff_0607.pdf
Unless the average income they used is < $9,000?
I think this article is somewhat flawed after this and not seeing some Nordic countries there....