Once again this year, the Canadian Fraser Institute has dutifully calculated “Tax Freedom Day”: “The Fraser Institute annually calculates Tax Freedom Day in order to provide a comprehensive and easily understood indicator of the overall tax burden faced by the average Canadian family. Tax Freedom Day is the day in the year by which the average Canadian family has earned enough money to pay all taxes imposed on it by the three levels of Canadian government: federal, provincial, and local. If Canadians were required to pay all taxes up front, they would have to give governments each and every dollar they earned prior to Tax Freedom Day. In 2014, Tax Freedom Day fell on June 9, one day later than 2013 when Tax Freedom Day fell on June 8.”: http://www.fraserinstitute.org/studies/canadians-celebrate-tax-freedom-day-june-9-2014
From a Social Credit perspective, the bulk of this taxation is entirely unnecessary. Eliminate chronic public debts (federal, provincial, and municipal) and you eliminate the taxes necessary to service these debts with their accompanying interest charges. Eliminate welfare, workfare, public pensions, employment insurance, and other related social programmes by providing everyone with a National Dividend funded debt-free in conjunction with a debt-free National Discount and you eliminate the tax money necessary to fund the programmes themselves and their accompanying bureaucracies. Eliminate most forms of taxation by replacing all of them with simple sales taxes and user fees (when appropriate) and the tremendous bureaucracies involved in maintaining the income and property tax systems could also be eliminated. Any individual or group who is genuinely interested in reducing the high levels of taxation under which we labour should take a serious look at Social Credit as it offers the best solution to this particular form of economic oppression.
