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Metro Vancouver mayors won’t take ‘No’ for an answer
Back in 2015, as Vancouverites may recall, Metro Vancouver held a somewhat heated plebiscite over whether or not to approve a 0.5 per cent hike in the sales tax to finance a portion of the TransLink 10-year investment plan, estimated to ...
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This year, Canadians celebrate Tax Freedom Day today—June 10
This year Canadians celebrate Tax Freedom Day on June 10. That means if you paid your annual tax bill up front, you’d give government every dollar you earned before Tax Freedom Day. It’s only from June 10 onward that you’re finally ...
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Canadians Celebrate Tax Freedom Day on June 10, 2018
In 2018, the average Canadian family will earn $115,724 in income and pay a total of $50,464 in taxes (43.6%). If the average Canadian family had to pay its total tax bill of $50,464 up front, it would have worked until June 9 to pay the total tax ...
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Canadians must know how much total tax they pay to assess whether they get good value
The Fraser Institute’s annual calculations of the average family’s tax bill provide a valuable service to Canadians. Taxes are a complex issue and it’s very difficult for Canadians to calculate how much total tax they pay throughout the ...
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If you think June 9 is too late for Tax Freedom Day, just wait
Appeared in the Toronto Sun, June 9, 2017 The official start of summer is just a few weeks away and we’re fast approaching the half-way point of the year. So consider this—if you had to pay all your taxes for the year up front, you would have worked for ...
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Canadians Celebrate Tax Freedom Day on June 9, 2017
In 2017, the average Canadian family will earn $108,674 in income and pay a total of $47,135 in taxes (43.4%). If the average Canadian family had to pay its total tax bill of $47,135 up front, it would have worked until June 8 to pay the total tax ...
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Canadians Celebrate Tax Freedom Day on June 7, 2016
In 2016, the average Canadian family will earn $105,236 in income and pay a total of $45,167 in taxes (42.9%). If the average Canadian family had to pay its total tax bill of $45,167 up front, it would have worked until June 6 to pay the total tax bill ...
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Canadians Celebrate Tax Freedom Day on June 10, 2015
On Tax Freedom Day, the average Canadian family has earned enough money to pay the taxes imposed on it by the three levels of government: federal, provincial, and local. In 2015, Canadians celebrate Tax Freedom Day on June 10. That is, Canadians will have ...
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Economics of a U.S. VAT
A recent lead editorial in one of the world’s most prominent newspapers, the Wall Street Journal, pointed out the risks associated with the United States adopting a national sales tax, or value-added tax (VAT). ...
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Prentice chooses Getty over Klein; further erodes Alberta Advantage
Appeared in the Calgary Sun With tumbling oil prices and resource revenues, Premier Jim Prentice had a choice when he delivered Alberta’s 2015 budget. He could emulate former premier Don Getty and raise taxes or follow the Ralph Klein playbook and reduce ...