New Tax Hikes Hit Canadians, Who Already Pay Almost Half Their Income
“We’ve seen the tax code grow significantly over time, meaning there’s more rules that people have to follow. That means that people have to get accountants and lawyers involved”
In 2023, the average Canadian family paid 46 percent of its annual income in taxes—including income taxes, property taxes, payroll taxes, sales taxes, carbon taxes, and more, says Jake Fuss, director of fiscal studies at the Fraser Institute think tank.
“And that’s before any of the increases that we’re going to see in 2024,” he told The Epoch Times. ---More...
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