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chemgear · 10-19-2011, 12:03 PM

With the talk about "1% versus 99%" in the US, this was interesting.

http://www.financialpost.com/persona...362/story.html

So, how much do Canadians actually make?

Of the 24.5 million returns filed, 18 million Canadians reported total income of $50,000 or less. That’s not a typo. In other words, ignoring individuals who don’t file returns such as children, nearly 75% of tax-filing Canadians earned under $50,000 in total income in 2009.

Add another 5 million Canadians who reported total income of between $50,000 and $100,000 and you conclude that about 95% of individuals have income below $100,000 annually.

What about Canada’s highest income earners? 880,000 Canadians reported income in the range of $100,000 to $150,000, 333,000 reported incomes between $150,000 and $250,000 and a mere 174,000 of tax return filing Canadians or 0.7% had income over $250,000.

10-19-2011, 12:03 PM	#1
chemgear Franchise Player Join Date: Feb 2010 Exp:	How much do Canadians make? With the talk about "1% versus 99%" in the US, this was interesting. http://www.financialpost.com/persona...362/story.html So, how much do Canadians actually make? Of the 24.5 million returns filed, 18 million Canadians reported total income of $50,000 or less. That’s not a typo. In other words, ignoring individuals who don’t file returns such as children, nearly 75% of tax-filing Canadians earned under $50,000 in total income in 2009. Add another 5 million Canadians who reported total income of between $50,000 and $100,000 and you conclude that about 95% of individuals have income below $100,000 annually. What about Canada’s highest income earners? 880,000 Canadians reported income in the range of $100,000 to $150,000, 333,000 reported incomes between $150,000 and $250,000 and a mere 174,000 of tax return filing Canadians or 0.7% had income over $250,000.