In Ontario we TAXed the Rich! (in 2012)
In 2012, Ontario introduced a surtax targeting the rich—those earning over $500,000—to secure budget approval and cut the deficit. With a 48.5% top tax rate, the move sparked debate. In 2025, the surtax evolved but taxing the rich remains a hot political and fiscal topic in Ontario.
#Rich #Taxes #Ontario #Surtax



