Wednesday, June 8, 2016

TAX FREEDOM DAY IN CANADA

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 imposed on it by all three levels of government (federal, provincial, and local).
 

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