Exactly. Consider it like family X making $220,000 combined income, but paying $44,000 in federal taxes. The remaining $176 is the family’s money to spent (at least before the provincial tax slice).
Edit: and to be clear, $440B is federal taxes. Some of the things you mentioned are paid for by provincial or municipal taxes.
Exactly. Consider it like family X making $220,000 combined income, but paying $44,000 in federal taxes. The remaining $176 is the family’s money to spent (at least before the provincial tax slice).
Edit: and to be clear, $440B is federal taxes. Some of the things you mentioned are paid for by provincial or municipal taxes.