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inequality

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January 25, 2012 Labour

Lighter Wallet? Low Wages, Not High Taxes, To Blame

Analysts say "bracket creep" much less of a concern than stagnant wages

September 24, 2007 Weblog:

Statscan: Rich got richer, poor and middle class stayed same

A new study says high-income Canadians got a lot richer between 1992 and 2004, while the rest of the population made little financial progress.

The Statistics Canada study, which used tax returns to explore trends among high-income earners, found the top five per cent of the tax-filing population accounted for about 21 per cent of total income in 1992; by 2004 it accounted for 25 per cent.

The study found little improvement among the rest of the population and it says that while there were more high-income earners who were women in 2004, their share of the pie was depleted.

Three-quarters of the 1.2 million high-income Canadians were men, even though men were a minority (48 per cent) of individual income recipients in general.

--Report on Business (not, I note, the National section)

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The Dominion is a monthly paper published by an incipient network of independent journalists in Canada. It aims to provide accurate, critical coverage that is accountable to its readers and the subjects it tackles. Taking its name from Canada's official status as both a colony and a colonial force, the Dominion examines politics, culture and daily life with a view to understanding the exercise of power.

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