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Launch Mini · 9 May 2006, 06:10 AM

Every year, one of our Taxpayers groups posts "Tax Freedom Day".
This is the day during the year when you have to work up to, to completely pay for your various taxes. After this day, you begin to work for yourselves.
On average, this day is around June 26th. Also, the average Canadian income is around $40,000 per person.
I was thinking about this , from a fellow Canadians comment about how much tax we pay.
I have posted the link, so others can enter there incomes in, to see where they fare if they had to pay our taxes.
It is also interesting to look at the Provincial disparaties.

BTW, I think this calculator is capped at $100,000 income.
Have fun
http://www.fraserinstitute.ca/shared/taxcalc.asp
( maybe I'm the only one here who finds this financial burden ( another term for TAX) interesting

)

dman · 9 May 2006, 06:27 AM

I did the deal, but not sure what it meant. I know I would make alot more money if I was into a different hobby, say watching paint dry.

Launch Mini · 9 May 2006, 09:51 AM

What this association does, is calculate how much tax ( income, sales, property, gas, etc etc) Canadians spend each year.
Then based on your income, the chart shows you , IF you put 100% of you earnings towards the tax, you would have your annual tax bill paid.
SO, on AVG, June 26th. You would be working for the Govt for 6 months, then starting June 27th, you could keep you earnings.

9 May 2006, 06:10 AM	#1
Launch Mini "TRF" Member Join Date: Jan 2006 Real Name: John Location: Canada, eh Watch: can I? Posts: 6,241	Tax Freedom Day Every year, one of our Taxpayers groups posts "Tax Freedom Day". This is the day during the year when you have to work up to, to completely pay for your various taxes. After this day, you begin to work for yourselves. On average, this day is around June 26th. Also, the average Canadian income is around $40,000 per person. I was thinking about this , from a fellow Canadians comment about how much tax we pay. I have posted the link, so others can enter there incomes in, to see where they fare if they had to pay our taxes. It is also interesting to look at the Provincial disparaties. BTW, I think this calculator is capped at $100,000 income. Have fun http://www.fraserinstitute.ca/shared/taxcalc.asp ( maybe I'm the only one here who finds this financial burden ( another term for TAX) interesting ) __________________ Something witty to go here. Member # 293

9 May 2006, 06:27 AM	#2
dman Lifetime TRF Patron Join Date: May 2005 Real Name: Daren Location: Austin Watch: the road Posts: 13,583	I did the deal, but not sure what it meant. I know I would make alot more money if I was into a different hobby, say watching paint dry. __________________ You either get it or you don't, if you have to ask, YOU DON'T!! I really hope that midget cop doesn't find me in Kokomo.

9 May 2006, 09:51 AM	#3
Launch Mini "TRF" Member Join Date: Jan 2006 Real Name: John Location: Canada, eh Watch: can I? Posts: 6,241	What this association does, is calculate how much tax ( income, sales, property, gas, etc etc) Canadians spend each year. Then based on your income, the chart shows you , IF you put 100% of you earnings towards the tax, you would have your annual tax bill paid. SO, on AVG, June 26th. You would be working for the Govt for 6 months, then starting June 27th, you could keep you earnings. __________________ Something witty to go here. Member # 293

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