From: utzoo!utcsrgv!nixon
Newsgroups: can.followup
Title: Taxes & Federal Revenues
Article-I.D.: utcsrgv.1023
Posted: Sun Feb 13 00:29:23 1983
Received: Sun Feb 13 04:48:16 1983

   Steve Tjiang's hypothesis that corporations contribute little to
Canadian federal revenues was correct (though the portion is 13%, not 9%).
   Following is a breakdown of federal revenues for the year ended
31 March 1981, obtained from Statistics Canada
(I've rounded amounts to the nearest $10**9).

TAX REVENUES
Personal				$21
Corporation				  8
Consumption (e.g. fuel tax) 		 11
Health & Social Insurance (e.g. CPP)      6
Misc.			  		  3
					---
  TOTAL TAX REVENUES		 		$49
  OTHER REVENUE					  9
						---
     Gross General Revenue				$58