Report Places Quebec 15th In World’s Highest Tax Burden And First In North America
The report also places Quebec 4th in the world of jurisdictions that use the most income tax to fill its coffers
University of Sherbrooke report by the Chair of Research in Taxation and Public Finance (CFFP), lists Quebec 15th for 2017, as one of the worlds highest tax burden compared to the Gross Domestic Product (GDP).
Not surprisingly, Quebec placed first in North America with the Quebec population paying 37.3 per cent of GDP in taxes, compared to Mexico’s 16.1 per cent and the United States 27.1 per cent.
The Canadian average for 2017 is 33 per cent with Alberta, the lowest province with 28.6 per cent.
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