Tax Freedom Day in Canada June 7th 2016

According to the Fraser Institute June 7th is Tax Freedom Day

“This year Tax Freedom Day falls on June 7.  Tax Freedom Day measures the total yearly tax burden imposed on Canadian families by all levels of government:  If you had to pay all your taxes up front, you’d give government every dollar you earned before June 7. This year, the average Canadian family (with two or more people) will pay $45,167 in total taxes or 42.9 per cent of its annual income.”