Which source of tax revenue is the LARGEST one for the Canadian federal government?
A) personal income taxes
B) property taxes
C) sales taxes
D) social insurance taxes

Question

Quizplus · Accepted Answer

Personal income taxes are the largest source of tax revenue for the Canadian federal government, accounting for approximately 50% of all federal tax revenue. This is due to Canada's progressive tax system, where those earning higher incomes pay a larger percentage of their income in taxes.

Which Source of Tax Revenue Is the LARGEST One for the Canadian