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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.% W5 F! U( z3 b
9 @" }( k8 N4 o3 M7 f* N0 N% IThe 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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3 N' H+ x; F" \6 D4 |6 chttps://ca.finance.yahoo.com/new ... port-152745917.html
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