FRASER INSTITUTE: Governments impose a litany of taxes - some visible, some hidden - making it very difficult for us to get a clear sense of all the taxes we pay. That’s why the Fraser Institute calculates Tax Freedom Day
According to the Fraser Institute, tomorrow is Tax Freedom Day ... so, happy almost Tax Freedom Day! If you paid all your taxes up front, you’d give government every dollar you earned up to tomorrow (June 14 th ), Tax Freedom Day. From today onward, you’re finally working for yourself and your family. Because governments impose a litany of taxes—some visible, some hidden—it’s very difficult for Canadians to get a clear sense of all the taxes they pay. That’s why every year the Fraser Institute calculates Tax Freedom Day, a handy measure of the total tax burden imposed on Canadian families by federal, provincial and local governments. To learn more about Tax Freedom Day, check out the Fraser Institutes video , infographics and maybe even take a moment to calculate your own personal Tax Freedom Day on our website . Here are just a few things you may wish to take note of: In 2019, the average Canadian family will earn $117,731 in income and pay an ...