As the tax reform debate begins to heat up, businesses and investors are beginning to pay closer attention to the House GOP Tax Reform Blueprint, a tax plan released last June by Speaker Paul Ryan and House Ways and...
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- Happy Tax Freedom Day Canada, UK, Slovakia, and Italy
Happy Tax Freedom Day Canada, UK, Slovakia, and Italy
Happy belated Tax Freedom Day to our neighbors to the North. According to the Fraser Institute, June 6 marked Tax Freedom Day for Canada. As was the case here in the U.S., Canadians had to work two days longer this year to pay their tax bills because the improved economy boosted tax collections at all levels of government. However, if their tax bills were raised to equal the government's deficits this year, Canadian citizens would have to work 16 days longer to pay for the total cost of government.
Our friend Remy celebrated Canadian Tax Freedom Day in his own humorous way here on YouTube.
While we are at it, happy belated Tax Freedom Day to British taxpayers (May 30 according to the Adam Smith Institute), Slovakian taxpayers (June 3 according to the F.A. Hayek Foundation), and Italian taxpayers (June 5, hat tip to Tax-News.com).
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