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The average Canadian household spent nearly $40,000 in taxes in 2018, more than housing, food and clothing costs combined, according to a new report.
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% V* I$ j. J0 Y/ Y. P0 xThe 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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The authors calculated a typical Canadian household spent $39,299 in 2018 on taxes, and $32,214 on basic needs, while earning $88,865 in annual income.
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- v4 I! I# A9 d! N9 ihttps://ca.finance.yahoo.com/new ... port-152745917.html3 m3 ?$ |" o) o, j2 N7 Q4 \
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