Quebec's Tax Freedom Day comes a day later

Today is Quebec Tax Freedom Day, according to conservative think-tank the Fraser Insitute.

It's the day that the average Quebec family pays off its annual bill if every penny it earned to date went solely to paying taxes.

The Fraser Institute's Charles Lammam says Tax Freedom Day is meant to show families just how much of their money goes to taxes.

He says the number is surprisingly high - and keeps getting higher.

"Income tax, payroll tax, health taxes, sales taxes, property taxes, fuel taxes, vehicle taxes, import taxes - the list goes on," he says, 

"For any ordinary family that's interested in determining whether they're getting good value for their tax dollars, they need to know how much they pay. And because there are so many different taxes and so many different levels of government, it's virtually impossible for them to make that calculation."

For an average family earning about $87,000 a year, almost 45 percent of their income goes to taxes.

"The nexxt question Quebec families have to ask is, are they happy? Are they happy with what they get back in return, given that level of taxation?"

That's an estimated $39,000.

Tax Freedom Day in Quebec came a year later than it did in 2013.

The province with the earliest Tax Freedom Day is Alberta - on May 23.

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  1. Steve posted on 06/16/2014 12:11 AM
    The Liberals will make everything right again. Right.
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