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The average Canadian household spent nearly $40,000 in taxes in 2018, more than housing, food and clothing costs combined, according to a new report.
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- Q* G! C2 A+ t) k3 x% C( L IThe Fraser Institute found the average Canadian family’s tax burden last year represented 44.2 per cent of its income, versus 36.3 per cent spent on basic necessities.( N# N5 S: B6 t$ S- a' v& o2 S( P
2 i, t, J) G# L( |: [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.6 Z. F3 N. A/ i
1 n' ?- C9 @+ r. A4 K# c4 k4 `! k8 \https://ca.finance.yahoo.com/new ... port-152745917.html; J) Z n. R; [5 N
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