| 2016 Combined Rates ( Federal and Ontario) | 2015 Combined Rates ( Federal and Ontario) | ||
| Tax Brackets | Tax Rates | Tax Brackets | Tax Rates |
| First $41,536 | 20.05% | first $40,922 | 20.05% |
| over $41,536 up to $45,282 | 24.15% | over $40,922 up to $44,701 | 24.15% |
| over $45,282 up to $73,145 | 29.65% | over $44,701 up to $72,064 | 31.15% |
| over $73,145 up to $83,075 | 31.48% | over $72,064 up to $81,847 | 32.98% |
| over $83,075 up to $86,176 | 33.89% | over $81,847 up to $84,902 | 35.39% |
| over $86,176 up to $90,563 | 37.91% | over $84,902 up to $89,401 | 39.41% |
| over $90,563 up to $140,388 | 43.41% | over $89,401 up to $138,586 | 43.41% |
| over $140,388 up to $150,000 | 46.41% | over $138,586 up to $150,000 | 46.41% |
| over $150,000 up to $200,000 | 47.97% | over $150,000 up to $220,000 | 47.97% |
| over $200,000 up to $220,000 | 51.97% | over $220,000 | 49.53% |
| over $220,000 | 53.53% | ||
2015 and 2016 Federal Tax Rates