Since 1961, the average Canadian family’s total tax bill increased nominally by 2,226 per cent.
canadian tax bill
Canada had an overall tax-to-GDP ratio of 33 per cent.
The top 10 per cent of earners earned 30.6 per cent of all income in Canada but paid 38.1 per cent of all taxes.
A recent poll reported that the cost of living is one of the biggest worries for Canadians.
More than 55 per cent of all federal, provincial, and local taxes are paid by the top 20 per cent of income earning families.