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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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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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; q! i: |5 l0 A. AThe 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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; s% z& O9 ^7 ^7 y. G% ghttps://ca.finance.yahoo.com/new ... port-152745917.html6 e* `# v& q5 I) }
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