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The average Canadian household spent nearly $40,000 in taxes in 2018, more than housing, food and clothing costs combined, according to a new report.
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% b- f9 M$ ]0 s0 b% OThe 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.4 W6 e$ C/ u* D1 K. K' y& X% ^+ M
, Z/ \( @. Q! U# ^The authors calculated a typical Canadian household spent $39,299 in 2018 on taxes, and $32,214 on basic needs, while earning $88,865 in annual income.' d* i; L7 b& d9 M% Y3 v$ f' X' s$ T
1 ]% \1 ?7 m; J% G) Q* ahttps://ca.finance.yahoo.com/new ... port-152745917.html* ^5 j" s) V3 T5 d
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