Birdwatch Note Rating
2024-12-29 02:57:57 UTC - NOT_HELPFUL
Rated by Participant: BBA47C08F4BD0584ACE4D73CEA6B7B7E9412702920984FD3386A7067D273C345
Participant Details
Original Note:
The highest marginal income tax rate for 2024 in Canada, including provincial income tax, is 54%. That rate only applies to the portion of income that is over $246,752 (CAD). It is not possible to pay “nearly 70%” of one’s income in income taxes anywhere in Canada. https://www.canada.ca/en/revenue-agency/services/tax/individuals/frequently-asked-questions-individuals/canadian-income-tax-rates-individuals-current-previous-years.html
All Note Details