Lower Income Canadians Face Highest Marginal Effective Tax Rates: Report

Published on April 25, 2024

Canadian families with modest incomes face the highest marginal effective tax rates, with those earning between $30,000 and $60,000 hit hardest, according to a newly released report. Marginal effective tax rate (METR) measures the personal income taxes paid both federally and provincially as well as the reductions in government benefits linked to income.  Households earning $30,000 to $60,000 face marginal effective tax rates near or above 50 per cent, said the report published by the Fraser Institute. “Families with modest income brackets consistently face disproportionately high METRs, raising questions of fairness and efficiency in the tax and transfer system,” Fraser Institute senior fellow Philip Bazel said in a press release. “These findings highlight the need to prioritize METR reductions for low-income families.”...

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