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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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Quebec’s Tax Competitiveness: A Barrier to Prosperity
Empirical research and history provide evidence that high marginal tax rates and uncompetitive tax policies can hurt a jurisdiction’s economic performance. This is because individuals and businesses respond by working, saving, and investing less, and by ...