The average Canadian family paid 45.3 per cent of its income in taxes last year.
tax bill
The average family in the province earning $112,418 will pay $49,623 in total taxes.
In 2023, the average Canadian family earning $140,106 will pay 46.1 per cent of their income in taxes.
Only 19 per cent of Ontarians feel they receive good or great value from the services their tax dollars finance.
Nearly half of Canadians feel they receive poor or very poor value from government services.
On an inflation-adjusted basis, the total tax bill for Canadian families has increased by more than 181 per cent since 1961.
The average Nova Scotia family will pay more than 44 per cent of their income on taxes this year.
The total federal/provincial government debt is due to increase by $86 billion in 2022/23.
The top 10 per cent of earners earned 30.6 per cent of all income in Canada but paid 38.1 per cent of all taxes.
To understand the extent of our tax burden, we must consider all taxes.