Comparison of Canadian and US federal tax rates for 2011

June 24, 2013

The Dragon Well

This is a 2011 update for my original comparison of 2010 rates.  Read that for a detailed comparison of the tax codes.  In addition to a simple update of rates, every year I plan to go in depth on a specific topic in an attempt to get a fairer comparison.  This year, it’s the elephant in the room: health care.

Errata

In my original 2010 comparison, I factored in the personal exemption phase out.  The phase out existed in 2009, but was eliminated in 2010.  The difference was so small and only happens at higher incomes that there would have been no difference observed in the graphs, thus I did not correct the original post.

Differences from 2010 to 2011: Canada

Corporate tax rates lowered from 18% to 16.5%

Personal income tax rates and personal exemption tax credit adjusted for 1.41% inflation. Below are the 2011 marginal rates. The…

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