We are also now preparing our move out of the country.  The wealthy, $200,000 per year plus pay some of the highest taxes in the developed world.  Big incentive for them to leave.  The big issue is not tax fairness but tax competitiveness, and on that we are failing miserably and it is getting worse.  Look at Ontario, Alberta and BC which have raised taxes. QC is already very very high.  Have met a lot of entrepreneurs and highly educated Canadians who have moved south of the border and to the UK.  Compare Canadian and US marginal tax rates at around $210,000 when the top rate kicks starts in Canada.  Add in the additional taxes and attack on Canadian privately held business. Our best and brightest will be highly incented  to leave.  That is not how you build a modern economy.  Economist just published an article showing that optimum maximum marginal tax rate was 44%. Anything higher leads to lower tax revenues and lower economic growth.  We are net loser to US and UK on immigration.