Sep 8 2023 — Jake Fuss — Fraser Institute — As the financial challenges mount for the City of Toronto, a new city staff report has proposed a municipal sales tax, tacked on to the existing harmonized sales tax (HST) system, to help address budget shortfalls ranging between $1.5 billion and $1.7 billion over the next two years. According to the report, the new sales […]
Mar 21 2023 — Jake Fuss — Fraser Institute — According to a new poll, 73 per cent of Ontarians feel that the average family is over-taxed. This result should not come as a surprise. A 2022 study published by the Fraser Institute found that the average Ontario family (consisting of two or more people) paid 44 per cent of its income in taxes (including […]
Nov 3 2022 — Jake Fuss — Fraser Institute — Some politicians want to increase taxes on high-income earners in Canada. They claim that the “ultra-rich” don’t pay their fair share. However, the data tell a different story. In a recent study, we measured the distribution of taxes paid by Canadian families across various income groups and found that the top 20 per cent pay […]
Jul 27 2021 — Jake Fuss — Fraser Institute — During the pandemic, government budget deficits have grown substantially across Canada—at a time when interest costs are at historical lows. If interest costs return to the slightly higher levels of 2019, deficits would increase by billions for governments across the country. And yet, several governments (including the Trudeau government) show little concern over their high […]