Two Incomes, More Kids, Less Taxes? How Canada’s Tax System Impacts Your Family

Shashindra Silva
DataDrivenInvestor
Published in
7 min readMay 7, 2024

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In this post we will continue the work we started in the previous post. We will use the function we wrote to calculate the take-home amount for a family with 2 incomes and use it to analyze the different scenarios. All the source codes used in generating these figures are available here.

Single Person Without Kids: Total Income vs. Take-Home Income in Different Provinces

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Data Scientist with a background in probability theory and wireless research.