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The average Canadian household spent nearly $40,000 in taxes in 2018, more than housing, food and clothing costs combined, according to a new report.
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' |* d3 m' d9 M( ? SThe Fraser Institute found the average Canadian family’s tax burden last year represented 44.2 per cent of its income, versus 36.3 per cent spent on basic necessities., h6 W$ s7 v) p! q) s" o" W
4 N/ K% U6 n) P) J3 NThe 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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https://ca.finance.yahoo.com/new ... port-152745917.html4 X& z7 I, R8 x# U5 [# u2 ~; M
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