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Dear John,
Despite the common misperception that top earners don’t pay their ‘fair share’ of taxes, in reality these households pay a disproportionately large share of the total tax bill.
A new Fraser Institute study out today shows that the top 20% of income-earning families pay more than half of total taxes including personal income, sales and property taxes.
Compare that to the bottom 20% of income-earning families who earn 5.5% of total income, but pay just 2.3% of total taxes.
See the full results of the study here, and share it on social media!
Stay safe,
Niels Veldhuis
President
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