Here are the rates from the E&Y Tax Calculator, as updated to include legislation to October 22, 2008. There has been a marginal change since my last post on the topic.
Clawbacks are not included; I am hopeful that at some point I will be able to get some authoritative data on the effects of clawbacks, but have not found anything credible … please contact me if you do know of any credible public sources!
Investors | Taxable Income | Marginal Rate on Interest | Marginal Rate on Dividends | Equivalency Factor |
Widows & Orphans | $30,000 | 25.90% | 0.00% | 1.35 |
Professionals | $75,000 | 39.40% | 13.68% | 1.42 |
Plutocrats | $150,000 | 46.40% | 23.83% | 1.42 |
There are some notes about the calculation of the equivalency factor in the comments to an earlier post about Ontario.
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