Report: taxes cost Canadian families more than food, clothing, and shelter combined
Taxes cost Canadian families more than food, clothing, and shelter combined (http://www.fraserinstitute.org/research-news/news/display.aspx?id=18248)
www.fraserinstitute.org – April 26, 2012
“•In 2011, the average Canadian family (both attached and unattached individuals) earned income of $74,233 and paid $30,792 in taxes, for a total tax bill representing 41.5 per cent of family income.
•In 1961, the average Canadian family earned income of $5,000 and paid $1,675 in taxes, for a total tax bill representing 33.5 per cent of family income.”
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