The average person drives 13,500 according to the DOT. $1,080 tax just to drive your car that you paid for with income that was taxed, paid sales tax on, were taxed for licensing fees and the fuel required to drive it was taxed. pic.twitter.com/f5b2Rw1yHk— Break The Bell Podcast (@breakthebellpod) September 28, 2021
Yup. Here, in Canada, the average person pays a total tax rate above 40% without realizing it. Imagine, if there was only one big tax that people paid for their lovely government services. So, a guy making $50,000 would get his $20,000 tax bill at the end of the year. Liberals would get crushed in elections. That's why we have hundreds of tiny taxes to keep the anger from boiling over.
We've got grocery bills going up, oil has doubled in price, the real estate market is insane, and now, the government is adding more taxes. More interesting times.