Wednesday, July 04, 2007

FLAT TAX IN ALBERTA

In Alberta, Canada, following the provincial flat rate on personal income, the overall budgetary contributions from top 15 percent of earners increased from 62 percent in 2000 to 67 percent in 2004. Importantly, low-income workers enjoyed a significant relief. in 2000 the bottom 50 percent of wage earners paid 3 percent of the provincial tax burden while by 2004 this figure fell to 1.5 percent accountably.

Source: Alberta Finance

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