Redistributive of Effects of Income Taxation in Canada. A research paper about the quality of the redistributive effects of Income Taxation with the help of the country Canada

1. Redistributive Effects of Income Taxation in Canada By Philipp Muedder (i419605)

3. History of Income Tax

4. Federal Government Revenues

5. Provincial Income Tax

6. Canada Income Tax System

7. Measure of Progressivity

9. History of the Income Tax Prior to World War 1 No income taxes on personal as well as corporate Trying to attract immigrants During and after the War High expenses led to the Income War Tax Act in 1917 Tax remained even though it was meant to be temporary

10. History of the Income Tax

11. Federal Government Revenue Income taxes make up about 70% of total Government Revenue Government highly dependent on Taxes

13. Quebec is the exception Provincial Taxation

15. Is a system that uses progressivity

16. Rich people pay more and poor people less taxes

18. Measure of Progressivity Gini Coefficient Numerical approach Takes minimal value of 0 Maximum value of 1 Canada among the top 3 On right track with redistribution

19. ‘How does the current personal income tax system support the progressivity and therefore the redistributive effects of personal income tax within Canada?’ Conclusion

20. Conclusion Closing the Gap of Income Inequality Gini Coefficient suggest Canada is on the right path Tax brackets are adjusted annually for progressivity

21. Thank you for listening Any Question?