How to fix Canadians’ tax burdens under progressive rates

As a refresher, we have five federal tax brackets in 2025: zero to $57,375 of income (14.5 per cent); above $57,375 to $114,750 (20.5 per cent); above $114,750 to $177,882 (26 per cent); above $177,882 to $253,414 (29 per cent), with anything above that taxed at 33 per cent. Each province and territory also has its own set of provincial tax brackets and rates.