Quebec Officially Ranked One Of The Most Taxed Places In The Entire World
Is this a point of pride or shame?
Quebec has long had a reputation as one of the most taxed places in not just Canada, but all of North America.
Conservatives in Canada and the United States, alike, point to Quebec in horror. Extensive social benefits, they claim, are not worth the hefty levies.
Recently, this sentiment has come to dominate Quebec's provincial politics. Centre-right Premier François Legault has even vowed to cut back the provincial bureaucracy to relieve some of the tax burden.
TL;DR A new report from the Bilan de la fiscalité au Québec proves that the province is one of the most taxed places in the world, ranking 15th globally.
Many Quebec residents, however, are happy to contribute to their province's robust public services.
But, according to TVA, a new report from the Bilan de la fiscalité au Québec gives a new perspective as to the intensity of Quebec taxation.
The report states that the Quebec population is one of the most taxed in the entire world in relation to its GDP, ranking at 15th globally.
This news is sure to intensify debate around the merits of the provincial tax system.
The ranking will be a point of pride for some and of shame for others. The report will also likely become fodder for other Canadian politicians and provincial governments that have long expressed disapproval of the Quebec revenue system.
The merits and disadvantages of heavy taxation and government spending are sure to become central points of the upcoming Canadian election. The federal Liberal government's plans to further a deficit and impose a tax on polluting materials like gasoline, for instance, have been met with widespread criticism.
As always, the example of Quebec will play an important role in such debates.
How do you feel about the tax rate in Quebec?