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The Average Canadian Family Spends More On Taxes Than They Do On The Basic Necessities

The average Canadian family spends more on taxes than on housing, food and clothing combined.

That’s the result of a study by the Fraser Institute who says over the last 54 years, the tax bill has increased 152.9% when you account for inflation.

In 2015, the income for an average Canadian family was $80,593.

They paid $34,154 of taxes, compared to $30,293 for the basic necessities.

Of the 42.4% of family income that goes to taxes, a little under one third is income tax, with 21% accounted for by payroll and health taxes.

Canadian Tax Versus Necessities Study

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