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Economy

OnlinePoker

(5,868 posts)

2. From the report (linked in article) they earn 44.6% of total income.

Reply to The Magistrate (Reply #1)

Thu Oct 27, 2022, 02:21 PM

Oct 2022

According to Stats Canada, they hold 67.5% of wealth, which isn't surprising since they control much of the economy through full ownership or stock ownership in most companies. Their housing properties are likely valued quite high as well, mostly because they live in tonier neighbourhoods. Here in Victoria, for instance, my 3000 sq ft home would be worth over $1 million more if it was located just 1 block away beside the ocean.

https://www150.statcan.gc.ca/n1/daily-quotidien/210907/cg-b002-eng.htm

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Highlight:

Top 20 per cent pay 61 per cent of Canada's income taxes, 'more than their share': study [View all] OnlinePoker Oct 2022 OP

A Pair Of Questions Arise, Sir The Magistrate Oct 2022 #1

From the report (linked in article) they earn 44.6% of total income. OnlinePoker Oct 2022 #2

+1. The so-called study in the OP is bullshit. Fraser Institute is a Koch-funded RW "think tank" Hiawatha Pete Oct 2022 #5

Rich Canadians are like.... TheRealNorth Oct 2022 #3

That's Canada. James48 Oct 2022 #4

Lying with statistics Fiendish Thingy Oct 2022 #6

So do they believe the bottom 20% have the ability to pay the same amount? Midnight Writer Oct 2022 #7

So much bickering over income tax bucolic_frolic Oct 2022 #8