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The average Canadian household spent nearly $40,000 in taxes in 2018, more than housing, food and clothing costs combined, according to a new report.8 b; L; v: b. b7 W8 i7 t
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The Fraser Institute found the average Canadian family’s tax burden last year represented 44.2 per cent of its income, versus 36.3 per cent spent on basic necessities.
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- _; K1 q' Z4 w$ u0 v4 I BThe 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.
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; H3 `2 V; l. S% x7 T/ }- `https://ca.finance.yahoo.com/new ... port-152745917.html4 m& E% c+ o7 P& u
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