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The average Canadian household spent nearly $40,000 in taxes in 2018, more than housing, food and clothing costs combined, according to a new report.
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; c7 E# N# @8 k6 f& ~. z+ A* X% n. VThe Fraser Institute found the average Canadian family’s tax burden last year represented 44.2 per cent of its income, versus 36.3 per cent spent on basic necessities.
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& i$ f! H) g# P" ZThe authors calculated a typical Canadian household spent $39,299 in 2018 on taxes, and $32,214 on basic needs, while earning $88,865 in annual income.- `, @; Y- @3 e' t: W2 u4 u! U+ o
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https://ca.finance.yahoo.com/new ... port-152745917.html
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