I will always recall his answer: “the equivalent today of about 5% to 7% of their income.”
Today, in Canada, all levels of government, through all their taxes, can confiscate as much as half or more of a taxpayer’s income, in total. Income taxes, pension claw-backs, the GST, gasoline excise taxes, import duties and tariffs, estate taxes, property taxes, capital gains and on and on and on.
And yet, like the abused spouse rushing back to an abuser, many Canadians continue to sing the praises of ever bigger and bigger government. They rush to it in any crisis looking to be saved, whether through “free” health care during times of personal crisis or through auto company bailouts that demonstrate solidarity with distant workers in distant communities during times of global crisis.
Were John Adams or Ben Franklin or Thomas Jefferson to show up in today’s world, he would immediately be calling for his fellow citizens to take up their muskets and throw off their tyrants.