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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.# J x4 A( n2 H) U* j
. l: i7 K. }" L1 u" L7 @2 A7 \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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5 T( P% d/ p6 ^( u4 a4 R: WThe authors calculated a typical Canadian household spent $39,299 in 2018 on taxes, and $32,214 on basic needs, while earning $88,865 in annual income.
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. ?: j& u, g$ }8 `) r1 Q0 |https://ca.finance.yahoo.com/new ... port-152745917.html/ [; k, k$ y0 r% ^2 U
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