What are progressive and regressive taxes?(Example-1)
A progressive tax structure means that the more a person earns, the higher the rate of tax. Some taxes are regressive, meaning that the portion of income paid is higher…
Who pays taxes?(Example-2)
Each level of government levies taxes in a variety of ways. The federal and provincial government have income tax. When you file your taxes each year, a portion of what…
Where do our taxes dollars go?(Example-3)
Nova Scotia spent $9.9 billion in 2013-14 delivering programs and services to Nova Scotians. The largest portions of these expenses go to funding our healthcare (40%), education (11%), and social…
Why do we pay taxes?(Example-4)
Why do we pay taxes? Everyone pays taxes, and every level of government levies taxes. At the provincial level, taxes pay for the programs and services the Government of Nova…