The Fraser Institute's report, "No Free Lunch for the 99 Percent," estimates the revenue effects of taxes on top earners. The authors find that recent tax rate increases on the top one percent of taxpayers have generated little to no additional revenue for governments in Canada. The report also discusses other strategies for generating income from top earners and wealthy Canadians, and the limitations of these strategies. The authors conclude that there is no free lunch for the 99 percent and that tax increases on the top one percent may not be an effective way to fund additional government spending.
