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When we talk about taxes in Canada, it is often about how high they are and how can we minimize the taxes we pay as individuals or corporations but what about the other side? Where does this money go? Who controls it?
In today’s episode, our hosts talk about what a progressive tax system means, breaks down where YOUR money/taxes go, and how you can have a say of how it gets spent.
As we near April 30th – make sure to file your taxes (seriously)! And this year, take these 30 minutes to learn about the Canadian tax system and how it supports our happiness, civil society, and wealth equalization.
Links:
Why you pay taxes: https://www.canada.ca/en/revenue-agency/services/tax/individuals/educational-programs/purpose-taxes.html
Canada Spends: https://canadaspends.com/en/tax-visualizer?province=ON&income=100000&year=2025
By notjustmoneypodcastWhen we talk about taxes in Canada, it is often about how high they are and how can we minimize the taxes we pay as individuals or corporations but what about the other side? Where does this money go? Who controls it?
In today’s episode, our hosts talk about what a progressive tax system means, breaks down where YOUR money/taxes go, and how you can have a say of how it gets spent.
As we near April 30th – make sure to file your taxes (seriously)! And this year, take these 30 minutes to learn about the Canadian tax system and how it supports our happiness, civil society, and wealth equalization.
Links:
Why you pay taxes: https://www.canada.ca/en/revenue-agency/services/tax/individuals/educational-programs/purpose-taxes.html
Canada Spends: https://canadaspends.com/en/tax-visualizer?province=ON&income=100000&year=2025