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Ontario 2013 and 2012 Personal Marginal
Income Tax Rates
The Ontario tax brackets and personal amount were
increased for 2013 by an indexation factor of 1.018. The Federal tax
brackets and personal amount were increased for 2013 by an indexation
factor of 1.020.
The Ontario 2012
Budget added a tax bracket for taxable income in excess of $500,000,
which is also indexed for inflation. The rate for this tax bracket is 12.16% for 2012, and
13.16% for 2013.