📓 taxation in canada

breakdown
- (of total tax dollars paid, not necessarily representative of an individual's contributions, but probably close)
- municipal: ~18%
- provincial: ~46%
- federal: ~35%
primary expenses
- https://www150.statcan.gc.ca/n1/daily-quotidien/211126/cg-a001-eng.htm
- overall
  - ~30% - welfare / "social protection"
  - ~20% - healthcare
  - ~15% - economic affairs
  - ~10% - education
  - ~12% - public services
  - ~10% - other (defence, environment, housing, culture, recreation)
- municipal
- provincial
  - 35% - healthcare
  - 20% - education
  - 10% - public services
  - 15% - social protection
  - 10% - economic affairs
  - 10% - other
- federal
  - 28% - elderly, employment insurance, child support
  - 21% - transfers to other governments
  - 30% - direct programs (defense...)
  - 15% - other transfers (Indigenous, farmers, students, businesses, r&d)
primary sources of revenue
- canada (federal)
  - ~50% - personal income tax
  - ~15% - corporate income tax
  - ~12% - GST (consumption)
- ontario (2021) (https://www.statista.com/statistics/591212/revenues-of-the-ontario-provincial-government-by-source/)
  - 44% - taxes on income, profits, capital gains
  - 26% - taxes on goods and services (HST / VAT)
  - 17% - federal transfers
  - 4% - taxes on property
  - 9% - other
- provincial (2009, aggregate all provinces) (https://www.thecanadianencyclopedia.ca/en/article/taxation)
  - ~31% - taxes on income
  - ~20% - taxes on consumption (GST / VAT)
  - ~20% - federal transfers
- municipal (2009, aggregate)
  - 42% - provincial transfers
  - 38% - taxes on property
shift government income towards:
- towards:
  - land tax
  - property tax
  - VAT
- away from:
  - income tax

would be useful to have a tool to see: "as a Torontonian (making X, owning a home), how much tax do I pay at each level, where does it go?"

https://www.thecanadianencyclopedia.ca/en/article/taxation

2023-02-22

#public-policy #taxes #research-summary #georgism

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📓 taxation in canada

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