Do wealthy Canadians pay enough taxes? That depends how we define 'fair share'
The federal government announced an increase in capital gains taxes as a way to ensure the wealthiest Canadian pay their fair share. But how exactly do we determine what a "fair share" is? Especially if, as some data suggests, the wealthiest are already paying a larger share of the overall income tax burden.
![Do wealthy Canadians pay enough taxes? That depends how we define 'fair share'](https://i.cbc.ca/1.7179845.1713570210!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_620/ottawa-general-features-20210301.jpg)
![The Canada Revenue Agency sign outside the National Headquarters at the Connaught Building in Ottawa is seen on Monday, March 1, 2021. THE CANADIAN PRESS/Justin Tang The Canada Revenue Agency sign outside the National Headquarters at the Connaught Building in Ottawa is seen on Monday, March 1, 2021](https://i.cbc.ca/1.7179845.1713570210!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_620/ottawa-general-features-20210301.jpg)
The federal government announced an increase in capital gains taxes as a way to ensure the wealthiest Canadian pay their fair share. But how exactly do we determine what a "fair share" is? Especially if, as some data suggests, the wealthiest are already paying a larger share of the overall income tax burden.