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The average Canadian household spent nearly $40,000 in taxes in 2018, more than housing, food and clothing costs combined, according to a new report.2 y" O5 N7 z) h3 Q" L& P9 R
# A$ V6 I( c7 S2 b& ]/ Z* 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.) K" m( y! r$ c3 M7 i9 q0 T. `
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The 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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! N4 X" p) q5 Q, _9 _& F. l+ ehttps://ca.finance.yahoo.com/new ... port-152745917.html8 [* Q8 A2 X6 P5 Y# Q% F& k
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