OTTAWA—Each summer the Fraser Institute announces the arrival of “tax freedom day:” the day when Canadians allegedly stop “working for the government” and start “working for themselves.” A study by Neil Brooks, released today by the Canadian Centre for Policy Alternatives, takes a closer look at Tax Freedom Day and finds that to arrive at this politically loaded and heavily-reported date the Fraser Institute’s calculations understate the income of Canadians, overstate their taxes and misuse the concept of averages.
'Tax freedom day?' Not really
Tax Freedom Day has come and gone. Feel any richer yet?