IT'S TAX FREEDOM DAY AS COST OF LIVING REMAINS TOP OF MIND FOR MANY CANADIANS

Jun 19, 2023

By Christine Ross

Share on

This is Tax Freedom Day.

Turns out we’re paying more now than before the pandemic.

This year, the average Canadian family earning $140,000  will pay over $64,000  in taxes or 46% or close to half of their income.

June 19th  marks the date when Canadians start working for themselves rather than the government according to the Fraser Institute.

So if you paid all your taxes up front for this year, you’d pay the government every dollar you earned until today and now you get to work for yourself.

And all signs point to rising taxes in the future.

Advertise With Us

To learn about advertising opportunities with Zoomer Radio use the link below:

Join Our Fan Club
Coverage Area
Downtown Toronto
96.7FM
Toronto HD
96.3 HD-2
Kingston to Windsor, Parry Sound to Pittsburgh
AM740
ZoomerRadio Logo

Recently Played: