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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.9 v# i4 y% Y1 _5 d# l) K8 P; E
" N: q+ h# [2 i. k. {8 d# P9 A9 FThe 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.: B* W0 ~9 A2 d# W4 P2 j
9 @6 M: a. H2 w. I. ]: a9 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.
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https://ca.finance.yahoo.com/new ... port-152745917.html& ]% i& w& v7 r* ] H9 n) d& }! Z M
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