The province now has the 10th-highest combined personal income tax rate in North America.
income tax rates
Workers in every province, across most of the income spectrum, faced higher income tax rates than workers in nearly every U.S. state.
The government spends billions of dollars each year on favoured businesses and industries.
The top combined personal income tax rate in the province remains at 53.53 per cent.
High-skilled workers in Ontario face a marginal tax rate at least 11 percentage points higher than the median U.S. state.
Since 1961, the average family’s tax bill has increased 180.3 per cent after adjusting for inflation.
The province has the fourth-highest top combined personal income tax rate among all provinces and U.S. states.
Federal program spending will increase by a projected $115 billion over six years.
The province has some of the highest personal income tax rates in North America.
The province's program spending will increase by more than 85 per cent since 2016/17.