Tax Freedom Day Canada 2014

Canadians celebrate Tax Freedom Day on June 9, 2014.
Calculated by the Fraser Institute, Tax Freedom Day is an easy-to-understand illustration of the total tax burden imposed on Canadian families by federal, provincial, and local governments. If Canadians had to pay all taxes up front, they would give governments each and every dollar they earned prior to Tax Freedom Day. After accounting for all taxes, the average Canadian family (with two or more people) in 2014 will pay $43,435 in total taxes, or 43.5 per cent of their annual income. Read more:

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