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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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1 ~/ K* \! }: H4 V' BThe 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.! j" k/ J# a1 q j N
( u0 Y4 Z: g& U5 e) {+ LThe 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.( s. j. t9 l: X2 ^! H3 i
) U0 g" j6 T, Hhttps://ca.finance.yahoo.com/new ... port-152745917.html1 v4 N, U: R6 `, R/ o5 h# `5 {: c
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