tax freedom day

2:00AM
Printer-friendly version

Happy Tax Freedom Day! Monday, British Columbians start working for themselves.  In other words, if we had to pay all our taxes up front, we would have to pay each and every dollar we earned from January 1 to June 5 to various levels of government.

This of course, translates into an awful lot of money. In fact, the average British Columbian family with two or more individuals will hand-over about $36,600 in taxes to their federal, provincial and local governments (42.7% of their income).


2:00AM
Printer-friendly version

On Saturday June 6th, Canadians across the country will be celebrating Tax Freedom Day, the day the average Canadian has earned enough money to cover the total amount of taxes that they are obliged to pay to various levels of Canadian government. From here on in, Canadians are working for themselves and their families.