«An important step in this direction would be for firms to publish the ratio of the pay of
top earners compared to average employees as well as putting employee representatives on remuneration committees.»
Not exact matches
So, it's not obvious the marginal rates for high - flying
top earners is currently much worse in Canada
compared to talent - magnet locales such as Silicon Valley or New York City.
-- The
top quintile (
top 20 per cent) saw their family income grow by 27 per cent during that time (average after - tax, after - transfer family income of $ 135,500),
compared to 14 per cent for the second - highest quintile (after - tax family income of $ 73,500), nine per cent for the second - lowest quintile ($ 32,700) and 16 per cent for the bottom one - fifth of income
earners (after - tax income of $ 14,600)
E.g. Canada gets 54 % of its income taxes from the
top 10 % of
earners,
compared to 70 % in the US.
If you
compare the United States, with a relatively low
top rate to countries with higher
top rates (including the US prior to 1980), the US gets more of its revenue from high income
earners.
Economist Michael Wolfson showed that those in the
top 0.01 per cent of income
earners are more than 10 times as likely to hold shares in a small business corporation
compared to median - earning Canadians.
For example, a recent Economic Policy Institute study showed that
top earning households account for 72 % of total savings in tax - advantaged retirement accounts,
compared with middle - income
earners at only 8 %.
The chart below visualizes the cumulative gross revenue for Pokémon GO's first seven months of availability, showing how they
compare to its fellow 2016 release — and
top -
earner — Clash Royale.
The findings show that only 10 % of respondents work in firms with pure lockstep structures,
compared with 27 % in firms with pure merit systems and 23 % in firms keeping aside part of their profits for rewarding
top earners.
The chart below visualizes the cumulative gross revenue for Pokémon GO's first seven months of availability, showing how they
compare to its fellow 2016 release — and
top -
earner — Clash Royale.