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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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: e4 q+ A7 o4 _( D& AThe 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.: j2 r* ]4 \% B" ]1 f8 p0 V
|3 q& J5 m1 N" f1 N. A& QThe 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." ^3 z, }, [& T1 @: L% p, G
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https://ca.finance.yahoo.com/new ... port-152745917.html; W) r4 h- f! L
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