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Marginal tax rates for Ontario and Quebec for 2022*

February 12, 2015 by  
Filed under Debt management, Income Tax

Your marginal tax rate (MTR) is the tax on your next dollar of income. This is different from your average tax rate, which is the ratio of total tax to total income.  For example, if you earn $101,000 you might pay about $30,000 of income tax and have an average tax rate of 30% but […]