Woot. Today is Tax Freedom Day in Canada. That’s right. June 7. That’s the day, according to the Fraser Institute, that the average family stops working for the state and starts working for itself. And that was the good news.
The bad news is that if governments paid for everything they took, that is, if you count deficits as if they were covered by taxation now instead of later, it still wouldn’t be tax freedom day until June 18. (This methodology I believe relies on mean averages for income and taxation.)
You can find the depressing details including a provincial breakdown in their study. But here’s a question to ponder as you do so. How can it be that, with Canadians so much wealthier today than they were thirty or sixty years ago, we can possibly need so much more help from government?
Remember, as we get richer, government could keep getting bigger while tax freedom day got earlier. Why isn’t it happening? If it’s too much to ask that government actually get smaller as our private means, including for charity, get larger, couldn’t it at least take a smaller share?
Instead the total tax rate (see p. 9 of the Fraser study) is higher in every province except Alberta and BC today than in 1981. So where does it all end? And why does current political debate take so little notice of the relentless expansion of the state relative to citizens, talking instead about all the wonderful things we could get if only government finally became truly big and busy?
Help me change #politics by changing the #culture. Click here to contribute. (Note, subscriptions are in US dollars.)