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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.- m0 T7 W( |3 q7 o! K
4 y1 U: W3 D' S* Z1 t/ S7 i* 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.- H' I# r. e" j% Y
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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.
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https://ca.finance.yahoo.com/new ... port-152745917.html
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