[The Yen Man]

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.

So this site pretty much proves my point. The effective tax rate for the non 1% is on average 12%, while the effective tax rate for 1% earners is 31%. If anything, it's even higher than my hypothetical example.