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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.9 }9 O9 k+ V5 F1 B
4 H. ^' r; K) M3 j! |5 QThe 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.% l' o, `* h U# U+ L; F' A
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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 $88,865 in annual income.
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; c0 O" s4 u$ D5 X- c& D: l/ r; nhttps://ca.finance.yahoo.com/new ... port-152745917.html9 ?; P/ ]! m$ r1 v
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