[TorqueDog]

Originally Posted by Fuzz

https://www150.statcan.gc.ca/n1/dail...90924b-eng.htm

So no, not 40 ,or around 50%, which is the top actual tax bracket with provincial share. So they are paying ~20% less effective tax, which is all I was getting at.

Why are you referencing 2017 numbers?

Anyway, there's an easy way to calculate this out: https://www.wealthsimple.com/en-ca/tool/tax-calculator/

In Alberta:
$60,000 = Average tax rate of 23.95% (marginal is 30.5%)
$6,000,000 = Average tax rate of 47.47% (marginal is 48%)

In British Columbia:
$60,000 = Average tax rate of 22.40% (marginal is 28.2%)
$6,000,000 = Average tax rate of 52.83% (marginal is 53.5%)

Edit: Ah, effective tax rate. Anyway, calculator is still handy to have around.