Today is Tax Freedom Day, the day Canadians finally begin 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.
Unfortunately, Tax Freedom Day 2011 falls two days later than in 2010. Read the complete report,
Canadians Celebrate Tax Freedom Day on June 6, 2011.
To highlight the wide array of taxes imposed on Canadians and to celebrate Tax Freedom Day, the Fraser Institute produced a new, humorous
music video. The tune features a foot-stomping country beat while asking the question, "How much do you work to pay your taxes every year?"
You can also determine your personal Tax Freedom Day using our
online calculator.
From all of us at the Fraser Institute, happy Tax Freedom Day!
About the Fraser Institute
The Fraser Institute is an independent Canadian public policy research and educational organization with offices in Vancouver, Calgary, Toronto, and Montreal and ties to a global network of 80 think-tanks. Its mission is to measure, study, and communicate the impact of competitive markets and government intervention on the welfare of individuals. To protect the Institute’s independence, it does not accept grants from governments or contracts for research. To find out more, call (800) 665-3558 ext. 590, or email
sherry.stein@fraserinstitute.org.
