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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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; d9 A8 ^, M( N# hThe 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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6 q: E4 J. C0 R4 KThe 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.; @: _/ _9 V W+ `. G7 i
8 u! Q J: `. y# `8 v7 h+ Ohttps://ca.finance.yahoo.com/new ... port-152745917.html( X- k- z2 M. Y' M7 d
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